wording

ARCs/arc-0034.md

@@ -57,23 +57,20 @@ To be eligible to apply for a grant, projects must abide by the <a href="https:/
 
 > We are currently accepting grant applications from US-based individual/business. If grant is approved Algos will be converted to USDCa upon payment. This exception will be reviewed periodically.
 
-### Voting System
-The voting system for the xGov program will be the following:
-- Only xGovs are eligible to participate in the voting process
-- Utilization of the Algo committed by xGov as a form of voting currency, with a 1:1 ratio of Algos to votes
-- No funds are allocated if the total number of Algo used during the voting process is less than 50% of the total number of Algo in Term Pools.
-- Proposals that do not reach the threshold of votes required will be removed from consideration.
-
 ### Voting Power
 
-In the initial session that an account participates in, their voting power will be equivalent to the total rewards they would have received from the governance. In subsequent sessions, their voting power will be increased by the amount of rewards lost by accounts in their pool that failed to fulfill their duties.
+When an account participates in its first session, the voting power assigned to it will be equivalent to the total governance rewards it would have received. For all following sessions, the account's voting power will adjust based on the rewards lost by members in their pool who did not meet their obligations.
+
+The voting power for an upcoming session is computed as:
+`new_account_voting_power = (initial_pool_voting_power * initial_account_voting_power) / pool_voting_power_used`
 
-`new_account_voting_power=initial_pool_voting_power*initial_account_voting_power/pool_voting_power_used`
 Where:
-- `new_account_voting_power` represents the voting power allocated to an account for the upcoming session.
-- `initial_account_voting_power` stands for the initial voting power assigned to an account, which is derived from governance rewards.
-- `initial_pool_voting_power` represents the collective voting power of the entire pool, calculated as the sum of governance rewards for all participants in the pool.
-- `pool_voting_power_used` indicates the amount of voting power that was utilized during the previous session.
+- `new_account_voting_power`: Voting power allocated to an account for the next session.
+- `initial_account_voting_power`: The voting power originally assigned to an account, based on the governance rewards.
+- `initial_pool_voting_power`: The total voting power of the pool during its initial phase. This is the sum of governance rewards for all pool participants.
+- `pool_voting_power_used`: The voting power from the pool that was actually used in the last session.
+
+
 
 ### Threshold 
 In order for a proposal to be approved, it is necessary for the number of votes in favor of the proposal to be proportionate to the amount of funds requested. This ensures that the allocation of funds is in line with the community's consensus and in accordance with democratic principles.