Governance Action Voting Process
- 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.
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 |
Last modified 2yr ago