Governance process
There are 3 stages related to each governance proposal:
- Proposal submission
- Voting on posting proposal on active proposal list or instant rejecting-in 3 days from submission
- General voting on proposal - in 7 days from submission
Voting majority:
Voting type
Majority of votes required win
Quorum required
Voting on listing proposal
Simple majority
Not applicable
Voting on proposal
Absolute majority
50% of eligible voters
Please note that majority and quorum are determined by voting power, not wallet addresses.
Pic. 14 - Candao Governance process
Last modified 4mo ago
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