Voting Procedure

Any address with voting rights can vote for or against the proposal. A three-day voting period (e.g. ≈19,500 blocks) is applied to any governance proposal.

The proposal receives consent if the minimum number of votes (i.e. quorum) is reached and the majority (i.e. 50.01%) of the votes cast is achieved (i.e. based on the staked token amounts). Otherwise, the proposal is dismissed.