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Plenny Governors (PG)

Plenny Governors (PG) are subject to a Governor Threshold (i.e. PoS to demonstrate commitment). Also, all proposals by PGs are subject to a Proposal Threshold. In summary, to act as a Plenny Governor, the following conditions must be met:

  • PG must stake tokens for the governor threshold: X PL2.
  • PG must stake tokens for the proposal threshold: X PL2.
  • PG cannot have voting rights delegated to others.

To reach the proposal threshold, the Plenny Governor must stake an amount that is equivalent to at least 1% of the total token amounts staked via DAO Governance. This minimum amount represents the proposal threshold and results in sufficient voting rights allowing the PG to propose governance actions.