# Vote

vFINIX is the voting power of decentralized voting. If you are a vFINIX holder, you can exercise your authority to operate the Definix ecosystem by using your vFINIX. Starting with the APR-adjustment voting, it will gradually evolve into a true governance voting system in which vFINIX holders are more deeply involved in setting the direction of the Definix ecosystem.

## Voting for APR adjustment

vFINIX holders can vote to decide how to distribute 50% of the FINIX allocated to the Pool/Farm/Rebalancing farm fortnightly.

#### APR

APR = {(Distributed FINIX \*365) \*Price of FINIX} / TVL\
\* It depends on the price of FINIX, TVL and the distribution policy.\
\* Distributed FINIX is the sum of Fixed and Vote.

#### Fixed

* The established amount of FINIX is distributed to each pool, farm, and rebalancing farm. It is not affected by vote results and guarantees fundamental rewards.

#### Vote

* Voting results are reset every round, and previous voting results do not affect the amount of FINIX distribution by subsequent voting.
* If do not get a vote, there is no additional FINIX reward according to the voting result.
* The allocated FINIX will be distributed according to the percentage of votes within the category.
* If no pools or farms within a category get a vote, the FINIX allocated to that category will be distributed equally to each Pool, Farm, Rebalancing farm.
* In order to secure liquidity of various tokens in the long term, as many FINIXs as possible are allocated to the Farm and adjusted the interest rate range of the Pool.

### Voting Policy

#### 1. Voting power

* The Voting feature is only limited to vFINIX holders (hereafter “holders”)
* The holders can vote for any agenda they wish to exercise their voting power as much as they want.
* They can additionally vote for the agenda or others as long as it is open.
* They cannot withdraw their power until the voting round is ended. They can only claim their vFINIX as soon as the vote is closed.

#### 2. Voting Period and Update

* The voting period (hereafter “round”) for each voting agenda is 7 days (weeks).
* Each round closes after 7 days from the moment that is mentioned in the agenda.
* The voting result of each round will become effective after 48 hours since the round is closed.

#### 3. Voting Result adjustment

* 10% of the daily FINIX emission (total 86,400) is distributed to Pool. 50% of the amount distributed to Pool is allocated for the vote.
* Voting results are reset every round, and previous voting results do not affect subsequent voting results.
* The allocated FINIX will be distributed according to the percentage of votes within the category.
  * i. If do not get a vote, there is no additional FINIX reward according to the voting result.
  * ii. If no pools or farms within a category get a vote, the FINIX allocated to that category is distributed equally among each Pool, Farm, and Rebalancing farm.

#### 4. Terms & Condition

In any case, the voting result is deemed to generate a negative influence on the Definix ecosystem and its tokenomics, the result of the voting is subject to adjustments, change, or removal.