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Cost-Effective Voting Power for Wombat Voters
Users can acquire voting power on Wombat cost-effectively through MGP
Wombat Exchange voters must buy and lock WOM tokens to get voting power without earning passive income, which is not a cost-effective way to control governance power.
MGP lockers can control the voting power that Magpie has accumulated through its veWOM holdings. Each WOM that Magpie locks on Wombat is locked for 4 years. This means that all of Magpie's veWOM own the highest benefits on Wombat. Wombat voters can buy voting power cost-effectively by locking MGP tokens. Users can lock MGP as Vote-Locked MGP on Magpie to participate on Wombat's governance while earning boosted rewards at the same time.