vlZest determines your governance power
We believe proper and correct governance is crucial for the long-term success of the protocol.
Governance will be performed using snapshot as a voting platform. The voting strategy used to determine the number of votes is simply to take the amount of the user's vlZest balance.
vlZest is determined by the length & amount of locked ZSP the user has in their veZest NFT.
Governance has the overriding authority to:
- Set protocol fees (minting fees, redeeming fees)
- When, and the amount of fees that are distributed to stakers and lockers
- Assets listed as synthetics for the protocol
- Farms and liquidity incentives
- Multichain plans 👀