Skip to main content

Voting

BNHP uses an on-chain voting system where staked $NPH grants governance power. The voting mechanism is designed to balance efficiency with fairness.

Voting Power

Voting power is calculated based on the amount of $NPH staked in the governance contract at the time a proposal's snapshot is taken. Tokens that are not staked do not count toward voting power.

To prevent last-minute vote manipulation, voting power is calculated using a time-weighted average balance over the 7 days preceding the snapshot. This means that large token purchases immediately before a vote have minimal impact on the outcome.

Quadratic Voting

BNHP uses a quadratic voting mechanism for certain proposal types. Under quadratic voting, the cost of additional votes increases quadratically — so casting 10 votes costs 100 tokens, while casting 100 votes costs 10,000 tokens. This mechanism reduces the influence of large token holders and gives smaller holders a more proportional voice.

Proposal Thresholds

Proposal TypeQuorum RequiredApproval Threshold
Parameter Change4% of staked supply51%
Contract Upgrade10% of staked supply66%
Treasury Allocation5% of staked supply51%
Emergency Action15% of staked supply75%

How to Vote

  1. Stake $NPH in the governance contract at gov.bnhp.ai
  2. Browse proposals on the governance dashboard
  3. Cast your vote — For, Against, or Abstain
  4. Delegate your voting power to a trusted community member if you prefer not to vote directly

Voting is gasless on BNHP Chain, so there is no cost to participate in governance beyond the opportunity cost of staking your tokens.