# Voting Vaults

The ElementDAO currently uses the following vaults to allocate voting power:

### Locking Vault

*Contract Address:* [0x02Bd4A3b1b95b01F2Aa61655415A5d3EAAcaafdD](https://etherscan.io/address/0x02Bd4A3b1b95b01F2Aa61655415A5d3EAAcaafdD)

The Locking Vault allows ELFI holders to participate in governance. It allocates 1 vote per ELFI that is deposited in the vault's contract. 

### Vesting Vault

*Contract Address:* [0x6De73946eab234F1EE61256F10067D713aF0e37A](https://element-2.gitbook.io/element-docs/element-documentation)

The Vesting Vault allows users with vested ELFI to participate in governance. It allocates 0.05 votes per ELFI that's on the associated vesting contract. Once the ELFI has vested and been claimed from the vesting contract, they would no longer provide voting power through this vault, but the ELFI can be deposited into a different vault for voting power.

### Governance Steering Council (GSC) Vault

*Contract Address:* [0xcA870E8aa4FCEa85b5f0c6F4209C8CBA9265B940](https://etherscan.io/address/0xcA870E8aa4FCEa85b5f0c6F4209C8CBA9265B940)

The GSC vault is where GSC proposals are voted on and executed. The types of proposals that can be made through this vault is initially limited, but the DAO can vote to extend the functions that the GSC can execute. Each member of the GSC gets 1 vote.