The new UI changes are great and did a lot in terms of user friendly interface, so here's how you can set your proxy
But first, what's a Proxy?
1 BitShares = 1 Vote in the governance system of BitShares. Means every BTS holder can vote for Blockchain Stability (Good Witnesses) or for Development work (such as the UI Worker). However, it takes time and knowledge to follow the ever changing network, for most HODLers it's too much.
They can delegate their Votes to one single account, the Proxy. Proxies are usually holders and users of the system with deep roots and knowledge.
Here's how it's explained in the wallet:
You may choose to not be active in the governance of Bitshares. If this is the case, it's important that you choose someone in the Bitshares community who you identify with and set that entity as your proxy. This gives them to the power to vote on your behalf with your BTS shares backing their vote. This is similar to electing a representative.
How to Vote
Click Image to Enlarge
- Click
Account - Click
Voting - Enter Proxy
- Click
SAVE - Confirm!
If you want to vote for me, delegate your votes to fav - and make sure to check my profile out if it fits your ideals Proxy: fav - Journal
Click Here to checkout more proxies.
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