Hi. I am totally new to staking and governance, so please forgive my question if it has been answered somewhere else, I won’t take offense if you show me where to look. I’ve never staked tokens before but I really want to believe in IoTex’s future so I locked it up!
But now I have all these “votes” and I don’t know what they are for.
Are they like a currency? Do I have a finite supply of votes to throw here and there for random elections? drawings? referendums? Let’s say I have 100 votes. What are they good for? Where do I use them? If I use up all of them, do I get the same amount for another election? Or is it that once I cast a vote, it’s gone forever?