Voting Mechanism
MatchUp users participate in campaigns by voting for one of several entities associated with real-world events. Key details of the voting mechanism include:
Minimum amount of MatchUp Token
Users need to hold a minimum amount of $MATCH to participate in campaigns. The minimum amount may vary per campaign.
Single Vote per Wallet
Users can only vote for one entity in a campaign using the same wallet.
Rewards for participation
Rewards can be claimed by the user for their participation. This incentivizes users to lock their tokens throughout the campaign period.
Voting
Users can choose an entity of whom they think will win the event.
Penalty for undo vote
When a user decides to step out of the campaign before this ends, the user risks a max. 10% penalty on their withdrawal. Penalty may vary per campaign.