Unlocking Governance: Vote Directly With Locked $MNT in Rewards Station
11/11/245 min read
by Mantle
Governance
MNT
Mantle Rewards Station
Dear Mantle Community, we are thrilled to announce a significant enhancement to our governance process: You can now vote directly with your $MNT tokens locked on Mantle Rewards Station!
This update empowers all $MNT holders — including those with locked tokens, to actively participate in shaping the future of Mantle Network without any additional steps.
What's Changed?
Previously, only $MNT tokens held in your Ethereum L1 and Mantle L2 wallets were eligible for governance voting on Snapshot.
Now, $MNT tokens locked on Mantle Rewards Station are automatically eligible for voting. This means greater participation, more inclusive decision-making, and a stronger, community-driven network.
Why This Matters
- Seamless Participation: If you have $MNT locked on Mantle Rewards Station, you can now vote directly on Snapshot without needing to delegate.
- Empowered Community: A broader base of voters leads to decisions that better reflect the collective vision of our community.
How to Vote With Your Locked $MNT
Participating in governance with your locked $MNT is straightforward:
- Stay Informed
- Governance Proposals: Proposals are first shared on the Mantle Governance Forum. Join the discussions to stay updated.
- Latest Updates: Follow @0xMantle on X/Twitter for announcements and voting periods.
- Cast Your Vote
When a governance proposal is active:
- Visit Snapshot: Go to the Mantle Governance Voting Portal.
- Connect Your Wallet: Use the wallet associated with your $MNT locked on Mantle Rewards Station.
- Review Proposals: Read the details of active proposals.
- Vote Directly: Cast your vote — no delegation required for your locked $MNT.
Maximizing Your Voting Power
If you want to increase your voting power by including your Mantle L2 wallet balance and Ethereum L1 wallet balance, you need to delegate these tokens. Here's how:
Delegation Process
- Visit the Delegation App
- Go to the Mantle Delegation App.
- Delegate Your Wallet Balances
- L1 $MNT Tokens:
- Delegate to Self: Select your Ethereum L1 wallet balance and delegate it to yourself to activate its voting power.
- L2 $MNT Tokens:
- Delegate to Self: Select your Mantle L2 wallet balance (excluding Mantle Rewards Station $MNT) and delegate it to yourself.
- Optional Delegation to Others
- If you prefer, you can delegate your wallet balances to another trusted address to vote on your behalf.
Notes:
- Delegation is optional and only necessary if you wish to include your wallet balances in your voting power.
- $MNT locked on Mantle Rewards Station does not require delegation.
- Voting power is determined at the time a proposal is created. Ensure your delegation settings are updated before then.
Understanding Your Voting Power
Your total voting power is determined by:
- $MNT Locked on Mantle Rewards Station: Automatically included in your voting power — no action needed.
- Delegated $MNT Wallet Balances:
- L1 $MNT Tokens: Included only if you delegate them to yourself or someone else.
- L2 $MNT Tokens: Included only if you delegate them to yourself or someone else.
- $MNT Delegated to You by Others: Always included in your voting power.
How Can I Check My Voting Power?
Users can visit the Delegation App to view their voting power.
Your Total Voting Power:
- Total Voting Power = L2 $MNT + L1 $MNT
Your Voting Power on L1 and L2:
- L2 $MNT Voting Power:
- If L2 $MNT is Delegated:
- Self-delegated L2 $MNT (excluding Mantle Rewards Station $MNT)
- Plus L2 $MNT delegated to you by others
- If L2 $MNT is Not Delegated:
- $MNT staked in Rewards Station (automatically counted)
- Plus L2 $MNT delegated to you by others
- If L2 $MNT is Delegated:
- L1 $MNT Voting Power:
- Self-delegated L1 $MNT
- Plus L1 $MNT delegated to you by others
FAQs
- Do I need to delegate my $MNT locked on Mantle Rewards Station to vote?
No. Your $MNT locked on Mantle Rewards Station is automatically included in your voting power. You can vote directly on Snapshot without any delegation.
- How can I include my wallet balances in my voting power?
You need to delegate your Ethereum L1 and Mantle L2 wallet balances to yourself using the Delegation App. This activates these tokens for voting.
- What if I've already delegated my voting power?
- For Wallet Balances: Your existing delegations remain active.
- For Mantle Rewards Station $MNT: If you've delegated your Mantle L2 voting power, your $MNT locked on Mantle Rewards Station will follow your existing L2 delegation.
- Can I participate in governance if I don't have $MNT on Mantle Rewards Station?
Absolutely! You can vote directly on Snapshot without any additional steps.
- How do I check my voting power?
Visit the Delegation App to view:
- Your Total Voting Power:
- Total Voting Power = L2 $MNT + L1 $MNT
- Your Voting Power on L1 and L2:
- L2 $MNT =
- (Self-delegated L2 $MNT + L2 $MNT delegated by others) if L2 $MNT is delegated OR
- ($MNT staked on Mantle Rewards Station + L2 $MNT delegated by others) if L2 $MNT is not delegated
- L1 $MNT = Self-delegated L1 $MNT + L1 $MNT delegated by others
- L2 $MNT =
- Do I need to delegate every time I want to vote with my wallet balance?
No. Once you've delegated your wallet balances, the delegation remains active until you change it. Voting power is determined at the time a proposal is created. Ensure your delegation settings are updated before then.
- Is my locked $MNT safe during the voting process?
Absolutely. Voting does not affect the security or status of your locked $MNT on Mantle Rewards Station.
- How are governance proposals shared?
Governance proposals are first shared on the Mantle Governance Forum. We encourage you to join the discussions and contribute your insights.
- Is my voting power calculated from MNT Power on Mantle Rewards Station?
No, your voting power comes directly from the amount of $MNT tokens locked on Mantle Rewards Station, not from MNT Power. MNT Power is not used in governance voting. Only the $MNT tokens themselves, whether locked on Mantle Rewards Station or held in your wallets, contribute to your voting power.
Join the Conversation
Your voice shapes Mantle's future. We encourage all $MNT holders to participate actively in governance. Whether you vote directly with your locked $MNT or include your wallet balances through delegation, your involvement is invaluable.
If you have any questions or need assistance with the voting process, please reach out to the Mantle Governance Forum or contact our support team.
Stay Connected:
- Governance Forum: Participate in discussions at https://forum.mantle.xyz/
- Delegation App: Manage your voting power at https://delegatevote.mantle.xyz/
- Voting Portal: Cast your vote on active proposals at https://snapshot.org/#/bitdao.eth.
- Mantle on X (Twitter): Follow @0xMantle for the latest updates.