Voting Mechanics
Mitosis employs a Time-Weighted Average Balance (TWAB) Voting Power mechanism to ensure fair representation and efficient decision making across its multi-chain ecosystem.
The system allows miAsset holders to vote on proposals for any chain, regardless of where the miAsset is held, thus allowing efficient liquidity allocation within the Mitosis ecosystem.
The responsive yet secure voting process typically resolves in an approximately 24 - 27 day period, allowing thorough vetting of each proposal with the ability to adapt to new opportunities and deployments quickly.
Voting Flexibility
Voters can allocate different percentages of their voting power to multiple proposals. Voting power can be redistributed at any time during ongoing votes.
For example, Alice holds 150 miweETH (TWAB) across multiple chains. For a proposal seeking miweETH on any specific chain, Alice can use her full 150 miweETH voting power. This applies even if Alice doesn't hold any miAssets on the chain specified in the proposal.