TLDR

• creating a proposal costs 10,000 tokens. if the proposal passes, the amount is returned. this is to incentivize thinking proposals through and anti-spam.

• proposals can only mature (get approved or rejected) if at least 50% of protocol Stake has participated in the voting

• if >50% participated, the proposal matures after 3 days

• moving stake to another key after voting, will remove the vote to avoid the same stake voting multiple times from different keys

You vote either through the governance portal or the CommuneX CLI

Here is how to create a proposal in 10 minutes

Here is a general perspective on this update

This is the first version, the mechanism will adapt and expand in the future.

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