Vote Weight

Vote weight is a mechanic utilizing the token vote weight that's integrated in the metadata of all Meme Mint NFTs. It's used to participate in community votes that govern the use of the Community Wallet, future NFT designs, and other proposals brought forth by the community. Essentially, the vote weight equates to the amount of votes the holder has (E.g. A vote weight of 1 equals 1 vote). Each wallet's combined vote weight makes up a user's "voting power". The user will be able to spread their voting power over all proposal options using the "weighted-voting" method.

Vote Weight by NFT Collection

The vote weight can range between 1-5 per NFT. Vote weight varies for each Meme Mint NFT collection.

The Meme Mint Medallions:

Vote weight: 5

The GigaChad Coin Collection:

Vote weight: 1-4