How to vote

Voting on Colend helps you maximize your earnings by collecting bribes, reducing the borrowing costs, and increasing your own supply APY,  all while strengthening the protocol.

Page : Colend DAO

To unlock voting power, first convert your CLND into xCLND by following these steps if you haven’t already : Convert CLND into xCLND

Here’s how to vote : 

Step 1 : Select your market.

Step 2 : Choose the pool you want to vote for and select how much xCLND you want to use. Your xCLND represents your voting power.

Step 3 : Click on “Cast Vote”.

Step 4 : Sign and confirm the approval.

✅ Once this message appears, you’ve officially voted to reduce the borrowing cost of the pool you’ve selected.

Now that you’ve voted, learn how to claim rewards.