🔼Voting System

Fair, balanced, and transparent voting system.

Voting is essential to CoinScouter's token rating system. The higher the votes, the more visible and appealing the token becomes to a broader audience.

Voting Rules

To make sure the system is fair we are using Reputation-based voting with multipliers and limits:

• Unverified users can vote once an hour. The daily limit of unverified votes is 400.

• Scouts (verified users) are able to vote every 15 minutes. The daily limit is 9 600 votes.

• Audited tokens verified votes are multiplied by 2.

• Promoted tokens verified votes are multiplied by 3.

• The maximum voting capacity for each individual token is 15 000 votes per day.

Vote Boosting

After the SCOUT token launch, we will enable Vote Boosting:

• For $100 worth in SCOUT staked, user voting power is multiplied by 2.

• If it remains unstaked for 2 weeks, the multiplier is increased to 3.

• A voting capacity extender NFT will be available for $100 worth of SCOUT tokens.

• Each verified voter with staked SCOUT shall participate in our monthly Community Raffle.