How Governance Works
- Proposal Submission — Anyone can submit a governance proposal with an initial deposit.
- Deposit Period — Community members can contribute to the proposal deposit.
- Voting Period — Once minimum deposit is reached, voting begins.
- Execution — Approved proposals are automatically executed.
Governance Logic
- Quorum Requirement — A minimum percentage of bonded tokens must participate in voting for a proposal to be valid.
- Approval Threshold — A proposal must receive more than 50% approval (excluding abstain votes) to pass, or 66.7% for expedited proposals.
- Veto Protection — If more than 33.4% of votes are “NoWithVeto”, the proposal is vetoed regardless of other vote counts.
Network Parameters
Production Network (Mainnet)
Live network parameters for pacific-1Development Networks (Testnet)
Changed testing parameters for atlantic-2Vote Types
Voting Options
Understand the different voting options available.- Yes — Support the proposal as written. Counts toward approval threshold.
- No — Oppose the proposal. Counts against approval threshold.
- Abstain — Neutral position. Counts toward quorum but not approval threshold.
- NoWithVeto — Strong opposition. Can veto a proposal if threshold is exceeded.
Weighted Voting
Advanced Voting Validators and delegators can split their voting power across multiple options using weighted voting.- Flexibility — Distribute voting power across different options based on preference strength.
- Precision — Express nuanced positions on complex proposals with percentage allocations.
Proposal Outcomes
Best Practices
Community Engagement
Guidelines for effective governance participation.- Research Thoroughly — Read proposals and understand their implications before voting.
- Engage in Discussion — Participate in community forums and discussions to better understand different perspectives.
- Vote Responsibly — Consider the long-term implications of proposals for the network and ecosystem.
- Stay Informed — Follow governance updates and participate actively in the democratic process.