Conviction multiplier
The factor applied to capital when calculating a conviction vote's influence.
In plain language
No-conviction voting generally carries reduced influence, while higher conviction levels carry greater influence and longer locks.
Why it matters
Two voters using the same amount of VARA can contribute different weighted votes.
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 |