Feb 4, 2023 11:41
1 yr ago
31 viewers *
English term

Vote-escrowed

English to Italian Other IT (Information Technology) Helium network
Staking HNT will let them earn **Vote-escrowed** HNT (veHNT) that will represent voting power and can be delegated to Helium subDAOs.
Proposed translations (Italian)
3 Vote-escrowed

Proposed translations

4 hrs

Vote-escrowed

io metterei veHNT (vote-escrowed HNT). Molta terminologia di questo settore rimane in inglese anche in italiano

https://www.vivido.it/blog/2022/05/19/helium-la-decentralizz...

"Sebbene ogni subNetwork è in grado di gestire il proprio livello di governance attraverso la subDAO e suoi DNT, tutto ciò che andrà a coinvolgere l’intera rete Helium sarà valutato dal sistema di governance veHNT ( vote-escrowed HNT )."
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Reference comments

13 mins
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full context

The Helium Foundation is progressing in implementing HIP-70 and migrating our L1 to Solana.

Validators remain critical for the ongoing operation of the Helium Network and continue to earn HNT rewards for their role in supporting the Helium ecosystem until the L1 transition is complete.

Validators currently maintain the Network and provide vital operations, including issuing challenges, validating transactions, and producing blocks from which all Network participants benefit. One of the impacts of the passing of HIP-70 and transitioning L1 is that the role Validators play as we know it today will no longer be required, and Validators will be sunset by the end of Q1 2023 after the transition is complete.

Validators who remain staked receive new vote escrowed tokens (veHNT) based on their staked HNT amount and lock-up period. Post-migration, veHNT will be the only way to vote in the Helium Network. Vote escrowed tokens will be used to vote in DAO and subDAO governance and open a world of opportunities for on-chain voting and voting power delegation.

Holding veHNT means you, the wallet holder, have the opportunity to influence the future of the Helium Network, and the more voting weight you have, the more influence you can use.
https://docs.helium.com/mine-hnt/validators/validators-and-v...



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Note added at 38 perc (2023-02-04 12:20:08 GMT)
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Vote-escrowed tokens are a new type of cryptocurrency used to vote on proposals. A trusted third party holds these tokens in escrow and will only release them if certain conditions are met. It combines a traditional escrow system – such as the one for payments – with decentralized governance elements, such as those found in DAOs.

Vote-escrowed tokens are a new way of voting in which the voter first deposits their vote into an escrow account and can only retrieve it after a trusted party releases the vote. Doing so ensures that voters cannot change their minds or cancel their votes after they have been cast, which makes these tokens secure and reliable.

For the user, Ve tokens enable governance voting, earning staking rewards, and voting on boosts to certain token pools. Additionally, holders can select a lockup period for their assets, with longer lockups leading to more “token weight”.
https://www.newsbtc.com/news/company/what-are-ve-vote-escrow...

DAO Basics
So, what is a crypto DAO, and how can you join one? Crypto DAOs are digital communities built with three key characteristics in mind: decentralization, token-based membership, and transparent governance.

Decentralization
Decentralization is at the heart of a DAO. These digital communities were designed to be run by lines of code rather than a group of individuals leading the pack. This code is encrypted on the blockchain network with the community’s rules, such as the group’s dispute resolution mechanisms and financial management. This ensures that no single person or group holds a hierarchy over the rest of the organization. The decentralized nature of a DAO allows equity between community members, promoting innovation and idea sharing as all ideas, opinions, and insights will be heard within the community.
https://www.crypto-news-flash.com/65-of-people-dont-know-wha...

Pro e Pro:
Diritti di voto - Il protocollo Frax si sta rapidamente affermando come uno dei protocolli più innovativi e interessanti nello spazio blockchain. La Frax Share (FXS) token è la governance token del protocollo e garantisce ai titolari di FXS token diritti di voto esclusivi. Questi diritti di voto possono essere utilizzati per votare gli aggiornamenti e le proposte del protocollo. Solo i titolari di FXS token hanno il diritto di votare su una proposta.
https://coinkickoff.com/it/frax-share-crypto-fxs/

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Note added at 1 óra (2023-02-04 13:15:56 GMT)
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Se hai deciso di utilizzare un servizio peer-to-peer o un exchange decentralizzato, ci sono alcune caratteristiche da ricercare per migliorare la tua sicurezza. Con un DEX, verifica sempre la presenza di un audit eseguito da una fonte attendibile. Parleremo più avanti in dettaglio degli audit. Binance offre anche un DEX che sfrutta la sicurezza e la reputazione dell'azienda.
Se devi utilizzare un servizio peer-to-peer, assicurati che richieda il controllo KYC sia per gli acquirenti che per i venditori. Idealmente, dovrebbe offrire anche un servizio di deposito a garanzia (escrow).
https://academy.binance.com/it/articles/how-to-secure-your-c...
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