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: