How does the Community Vote work?
Notifying Voters: when a new proposal is raised, Travala.com will make an announcement via email to notify eligible voters.
Voting: Smart Members can vote in favour of or against proposals directly from the voting area on Travala.com.
Successful Proposals: if the majority of the community votes in favour of the proposal and the required voting threshold has been achieved, then the proposal will be successful. The proposal will be queued to launch and executed accordingly.
Failed Proposals: if the majority of the community votes against a proposal, the proposal will fail and will not progress further.
How to vote on Proposals?
To be eligible to vote on proposals, the user must be an active Smart Member.
Votes are allocated in proportion to the Smart Member’s applicable Smart Level, with Smart Basic members receiving 50 votes and Smart Diamond members receiving 5,000 votes.
|Smart Level||Amount||Voting Weight|
|Basic ||Lock 50 AVA||50 Votes|
|Steel ||Lock 250 AVA||275 Votes|
|Bronze ||Lock 500 AVA||600 Votes|
|Silver ||Lock 1,250 AVA||1,625 Votes|
|Gold ||Lock 2,000 AVA||2,800 Votes|
|Platinum ||Lock 2,500 AVA||5,000 Votes|
|Diamond ||Lock 2,500 AVA + NFT||5,000 Votes|
What is the validity of each vote?
Only users who are active Smart Members on Travala.com can cast a valid vote. Votes are valid until the proposal becomes inactive.