How does WLD token governance work for advanced holders?
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WLD token holders can participate in governance via on-chain proposals:
Voting Power: Voting weight is proportional to the number of WLD tokens staked or held in governance-enabled wallets.
Proposal Types: Includes protocol upgrades, treasury allocations, and parameter adjustments.
Delegation: Advanced users can delegate their voting power to trusted addresses to influence decisions without direct participation.
Snapshot-Based Voting: Some governance systems use snapshots to determine voting power at specific block heights, mitigating manipulation risks.
Pro Tip: Keep track of active proposals via the official governance portal and always verify proposal contracts to avoid phishing attempts.