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LeoGlossary: PolyCUB Improvement Proposals (PIPs)
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A governance mechanism that allows members of the Polycub community to vote on proposals to enhance the platform's economy.
All votes are based upon the stake one is holding in xPOLYCUB. This can be enhanced by those who choose to move their xPOLYCUB to vexPOLYCUB, a staking vault that has roughly a two-year lock up.
For this commitment, the vote value of each vexPOLYCUB with governance issues is 3x that of xPOLYCUB. This applies not only to proposals but also the distribution of returns throughout the platform.
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