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Decentralized Decision Making Sei employs an on-chain governance system that enables SEI holders to participate in the decision-making process for the network. This system is built on the Cosmos SDK governance module with several enhancements specific to Sei’s architecture.

How Governance Works

  1. Proposal Submission — Anyone can submit a governance proposal with an initial deposit.
  2. Deposit Period — Community members can contribute to the proposal deposit.
  3. Voting Period — Once minimum deposit is reached, voting begins.
  4. 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-1

Development Networks (Testnet)

Changed testing parameters for atlantic-2

Vote Types

Voting Options

Understand the different voting options available.
  1. Yes — Support the proposal as written. Counts toward approval threshold.
  2. No — Oppose the proposal. Counts against approval threshold.
  3. Abstain — Neutral position. Counts toward quorum but not approval threshold.
  4. 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.