Raw capital
The actual VARA balance committed to a vote before conviction weighting.
In plain language
Raw capital measures tokens participating, while weighted votes measure influence after conviction rules.
Why it matters
A referendum can have low capital participation but much higher weighted voting power.
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 |