Proposals
Community initiatives to advance the Particl ecosystem
The Particl network has a tool for community members to publish proposals named the Community Crowdfunding System (CCS). Any proposal published on the CCS can be set up to require a community vote to be activated.
How to vote on Proposals?
Check out our Tutorials -> How to vote guide!
For a proposal’s voting process to be considered valid, there are three requirements to fill. They are the quorum requirement, the approval rate, and the minimum duration of the voting process.
The quorum requirement is determined by what percentage of the blocks within a given voting process cast a vote. The approval rate is defined by the percentage of the votes cast being in favor of a proposal. Proposals that require a vote are separated into two different categories, each one with its own value requirements.
Non-consensus votes are proposals that do not require a major change in the protocol to be made. Typically, they would be proposals claiming funds from the Community Fund, for example, or determining the direction of a particular initiative.
Requirements | Value |
---|---|
Quorum | 20% of the blocks |
Approval Rate | >= 60% |
Duration | 5,040 blocks (~1 week) |
Consensus votes are a bit more important in scope and can have a more significant impact on the ecosystem. They are any proposal that requires a specific change in the protocol, such as, for example, integrating a decentralized treasury model, modifying the inflation rate of the blockchain, introducing a new privacy technology, etc.
Requirements | Value |
---|---|
Quorum | 20% of the blocks |
Approval Rate | >= 75% |
Duration | 10,080 blocks (~2 weeks) |