Voting Power

Time-Weighted Voting

Time-weighted voting is used to provide long-term PepperDEX token holders greater governance weight and control of the PepperDAO.

vePEP is received by locking PEP tokens in the PEP staking contract for a period of time. The longer the lock, the more vePEP is received. vePEP is non-transferable and can only be used to participate in governance. vePEP balances also decay linearly throughout the PEP staking period.