Participate in Phala Network governance using PHA tokens and democratic processes.
NOTE: Voting and staking locks can overlap A user can use staked funds to vote for Councillors and/or use those funds in referenda). A user is only prohibited from transferring these funds to another account.
Warning: If your balance is vesting, you cannot use unvested tokens for this lock. You will have to wait until you have at least that many free tokens to vote.Like the validator elections, you can approve up to 5 different councillors and your vote will be equalized among the chosen group. Unlike validator elections, there is no unbonding period for your reserved tokens. Once you remove your vote, your tokens will be liquid again.
Warning: It is your responsibility not to put your entire balance into the reserved value when you make a vote for councillors. It’s best to keep at least enough PHA/K-PHA to pay for transaction fees.Go to the Khala Dashboard and click on the “Council” tab. On the right side of the window there are two blue buttons, click on the one that says “Vote.” Since the council uses approval voting, when you vote you signal which of the candidates you approve of and your voted tokens will be equalized among the selected candidates. Select up to 5 council candidates by moving the slider to “Aye” for each one that you want to be elected. When you’ve made the proper configuration submit your transaction. You should see your vote appear in the interface immediately after your transaction is included.