# Governance Action Voting Process

## Introduction

* Every two months, the five most supported ballots are voted on by eligible members in a referendum.
* Each SWM token grants its holder the right to cast one vote in any referendum.
* Liquid Democracy: Votes can be delegated to others.
* Winning ballots become actions to be executed by the Swarm Council.

## **Voting Calendar Schedule**

At a fixed interval of two months (the “Voting Interval”) the GABs in the Voting Queue with the five greatest GAB stakes are elevated for a referendum (SNC, Article VII, B(3)).

Assuming a default voting period of seven days, here’s the schedule of upcoming votes for 2020:

| Deadline for new GAPs | Voting Period  |
| --------------------- | -------------- |
| February 7            | February 10-16 |
| April 3               | April 6-12     |
| June 5                | June 8 - 14    |
| August 7              | August 10-16   |
| October 9             | October 12-18  |
| December 4            | December 7-13  |
