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