Another month, another post lol But seriously it's time to dive into a specific thing on the WAX blockchain in the TACO ecosystem.

TACO is a project/company/ecosystem. Honestly I am not sure what to call them. Whatever we call them, they have NFT's on a few blockchains but in my opinion the Venues' are the backbone of their entire project/ecosystem. 

What is a Venue?

A Venue is a NFT that is a digital place where you can buy food. Kind of. So each Venue is either a Stand, Truck, Kiosk, Bar, Restaurant, or a Club. Each Venue can produce 1 ingredient (more if you level them up or they are rare ones). Now that being said you can level up your Venues. Each level requires different things but at their core you will either need, $TACO or the Taco NFT 'Ingredients'. Higher levels cost more resources to level up. 

What do Venue's do for me?

The short version is that it depends on what level your Venue is at. Here is a list of everything you unlock and at what level. A (star) represents 200 levels. Level 1 * means 200
Level 2 * means 400
Level 3 * means 600

What we are focusing on though is the Level 40 in that list. At level 40 you unlock the ability to vote with $TACOG tokens. $TACOG are only used for voting. You can't sell $TACOG, you can't transfer $TACOG. The only thing you can do is collect them and use them for voting.

There are ways that you can get $TACOG without having a Level 40 venue, like from playing Acryptia. However you can't spend them until you have a level 40 Venue.

How do you vote?

In order to vote head over to: https://app.tacocrypto.io/voting.

Here you will usually see 2 active polls going on. I am going to refer to them as Rewards(the one on the left) and Qualifications (the one on the right) as that is what they are called.

Let me clear something up though first. You get nothing for voting. You don't earn SHING or anything for casting a vote. You also do NOT lose your TACOG if you do not vote. So you can store up your tokens and vote when you have a lot if you want. 

Each poll lasts 2 weeks. The both change at the same time. What happens is that on the Qualifications poll there are 30+ token pairs listed. People vote for which Token Pairs they want to get a bonus applied to them.

In our above screenshot you can see that NBMMIN/WAX has 51% of the votes so far. If you scroll down you can see that there have been 66 votes cast in that poll and at time of writing it ends in 9 days and 15 hours.

The point of the Qualifications pool is to get the pair you want in the top 5 voted for at the end of the voting period. So what I do is wait until the last day and see how many total votes there are and how many it would take for me to vote to get the token pair I want into the top 5. If I have enough I will vote for the pair I want.

Now after the 2 weeks those top 5 token pairs will be moved over into the Rewards poll. 

The Rewards poll is where it gets interesting.

Of the 5 listed token pairs. When the voting ends after another 2 weeks. The percentage of votes it gets, that token pair will get that same percentage of 50 TACO added to it's M.E.A.L. pool. So say NFTV/WAX gets 10% of the votes. Well then for the next 2 weeks the NFTV/WAX M.E.A.L. pool will also get 5 TACO given out to people who stake in the M.E.A.L. pool. 

In the above screenshot you can see there are 21 votes cast already. Since I have 20 TACOG tokens I could spend all 20 and vote for NFTV/WAX right now and it will probably have 53% of the votes (give or take). And if no one else votes then for the next 2 weeks that M.E.A.L. pool will get 25 TACO added daily to it.

And that is the short and sweet guide on How to Vote and why you should vote. So go Vote! :)