In the ever-expanding universe of Orion's Governance 2.0, questions and challenges are natural companions to exploration and discovery. This section is dedicated to addressing common queries and guiding you through any issues you might encounter in your governance journey.
Frequently Asked Questions
How is veORN calculated and why does it decay over time?
veORN is calculated using a formula that considers the amount of ORN you stake and the duration of your lock-up period. The decay over time represents the consumption of resources and encourages continuous participation and engagement in the governance process.
What are the benefits of longer staking periods?
Longer staking periods result in more veORN, increasing your influence in governance decisions and potentially enhancing your rewards. It's like embarking on a longer space voyage, where extended missions yield greater discoveries.
How are rewards distributed in Governance 2.0?
Rewards are distributed based on your veORN balance, which is influenced by the amount of ORN staked and the lock-up period. Your voting decisions also affect the distribution of rewards across different liquidity pools.
Can I change my lock-up period after staking ORN?
Once you have staked ORN and chosen a lock-up period, you cannot change it until the period expires. However, you can choose to stake additional ORN with a different lock-up period if desired.
Troubleshooting Common Issues
Difficulty connecting wallet to governance portal
Ensure your wallet is compatible with Orion's platform and check your internet connection. If the problem persists, try accessing the portal using a different browser or device.
veORN balance not updating
veORN balances update periodically. If you notice a delay, wait for a short period and then refresh the dashboard. If the issue continues, ensure that there are no pending transactions in your wallet.
Errors when staking ORN
Check that you have sufficient ORN and gas fees in your wallet. If the error persists, document the error message and reach out to Orion's support team for assistance.
Rewards not reflecting correctly
Remember that rewards depend on several factors, including your veORN balance and participation in governance. Verify these factors first. If there still seems to be a discrepancy, contact support for a detailed review.
We hope this FAQ and troubleshooting guide is helpful. For further assistance or more complex inquiries, don't hesitate to reach out to Orion's community and support channels.
