What Is a ‘Time-Weighted’ Governance System and How Does It Relate to Lock-Ups?

A time-weighted governance system grants more voting power to tokens that have been locked up or held for a longer duration. This system directly incentivizes long-term commitment and penalizes short-term speculation.

It relates to lock-ups because the lock-up duration is the variable that determines the voting power multiplier. This mechanism is designed to combat voter apathy and promote decisions that benefit the protocol's long-term health.