🗳️Proposal Process

  1. Submit a proposal to the DFX forum.

  2. Proposal is submitted to Snapshot for a vote.

  3. Wait for the voting time to lapse to see the result of the proposal.


Who can submit proposals?

  • Anyone can submit a forum proposal.

Note: Once you have submitted a proposal on the forum, it will be active for 3 days so that the DFX community can comment suggestions and cast a 'pre-vote'.


Who is eligible to vote?

  • Once a proposal is posted for voting, a 'snapshot' of all veDFX holders will be taken.

  • All of those addresses holding veDFX will be eligible to vote.

Two things to Note:

  1. veDFX is only accessible on Ethereum.

  2. You cannot purchase DFX, lock it for veDFX, and join an ongoing vote after it's been submitted on Snapshot.

DFX Forum

How long is the voting period for a proposal?

  • Proposals will be open to vote on for a total of 3 days.

Note: Once the voting process is live, a proposal cannot be cancelled or withdrawn. Your options are limited to either voting "No" or "Abstain."

Voting

How can we determine if the proposal will pass or fail?

  • To pass and be implemented, a proposal needs at least 15% of the total veDFX supply to vote, with 66% of the votes in favor ("Yes" or "For").

Note: This is sometimes referred to as reaching ''.

veDFX Supply

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