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Create and vote on proposals

Overview​

This guide explains how to create and vote on proposals as a Governing Validator.

A proposal's approval or rejection is determined by the following ratio:

  • A proposal is approved if it receives the approval of at least 70% of the Governing Validators.
  • A proposal is rejected if at least 30% of the Governing Validators reject it.

After a proposal is approved, it is executed. If a proposal is neither approved nor rejected within 14 days, it is automatically closed.

Create a proposal​

  1. Log in to Validator Dashboard using your chain governor address.

  2. Select Proposals > Add a proposal.

    info

    The system allows for only one active proposal at a time. If you see an existing active proposal, you need to wait until it's closed. If a proposal doesn't get enough votes within 14 days, it's closed automatically.

  3. Select the type of proposal you want to create.

  4. Provide the requested addresses.

  5. Sign the transaction to submit the proposal.

Your proposal is now displayed on the DPOS proposals tab, pending a vote.

Vote on a proposal​

  1. Log in to Validator Dashboard using your chain governor address.
  2. Select Proposals > DPOS proposals.
  3. Locate the proposal to vote on, then approve or reject it.
  4. Confirm your vote and sign the transaction.