Voting Power

The voting power is calculated as:

$$V=Q^{1/p}$$

Where:

V = voting power

Q = the user's SQL token quantity

p = power factor set at 2 or above

The power factor penalizes whales. SquaredLabs will maintain this factor at or above 2 to prevent whales from dominating the voting process.

SquaredLabs develops the protocol and maintains governance control such as activating and deactivating protocol contracts and setting base protocol fees.