> For the complete documentation index, see [llms.txt](https://docs.swarmnetwork.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.swarmnetwork.org/swarm-network/network-governance/actions/ballots.md).

# Introduction

* Swarm Network Governance consists of three components: Proposals, Ballots and Actions.
* Any member can initiate a proposal.
* To promote a proposal to a ballot and be eligible to enter the voting queue, the ballot sponsor must deposit a stake of SWM tokens. Other Members can co-sponsor the ballot by staking additional SWM, which gives the ballot a higher priority.