This grants seeks funding to develop Votion, a decentralized vote aggregator designed to simplify governance participation for ATOM holders on the Hydro platform. Votion streamlines the voting process by enabling users to deposit Liquid Staked Module (LSM) shares into a pool, receive a tradable receipt token (vATOM), and have their votes automatically cast through the aggregator. Key features include:
• Governance Simplification: Automating votes to drive broader participation.
• Yield Optimization: Auto-compounding rewards into ATOM to enhance returns and create buy pressure.
• Capital Efficiency: Utilizing tradable vATOM tokens to unlock DeFi integrations.
• User Empowerment: Providing flexibility for exiting or managing LSM share unbonding.
Votion’s architecture comprises a central hub for vote automation, staking proxies, and efficient token management tools, all accessible via an intuitive interface showcasing performance metrics and protocol data. The system aims to lock $1M worth of ATOM, fostering governance engagement and financial innovation within the Cosmos ecosystem.
