Approval
The share of decisive weighted votes supporting Aye.
In plain language
Approval usually compares weighted Aye voting power with weighted Nay voting power. Conviction can therefore affect approval without changing raw capital.
Why it matters
A small number of high-conviction votes can have substantial influence on approval.
Real Vara examples
| Referendum | Governance | Execution | Direct addresses |
|---|---|---|---|
| #87 Validator Grant #1: Ray0xNodes Vara token holders approved a Gear Foundation-funded $18,000 grant supporting twelve Ray0xNodes validators for twelve months. | Executed | Dispatch succeeded | 20 |