Announcing Governance v2
The launch of xSNOB brought revenue sharing, reward boosting, and dynamic SNOB reward allocations. These features have been extremely popular, and to this date, over 3,200,000 SNOB has been staked. That’s over 21% of the circulating supply.
However, one of the main features of xSNOB is a safer voting mechanism that gives power to long-term supporters of Snowball. This mechanism expands voting from weekly SNOB reward allocations, to general Snowball proposals.