Voting

How to vote?

After you have connected your wallet, go to the Governance section and choose the proposal to vote on.

Read the proposal details and click 'Vote'.

Initially 2 options are available for voting:

FOR - I support the proposal

AGAINST - I am against the proposal

Select your preference, click 'Confirm vote' and then sign the transaction.

How it works:

Proposal voting period: 5 days

Lock before execution: 2 days

Expiration period: 5 days

Quorum: 34%

Threshold: 51%

Acceptance parameters

Proposals are accepted if they fulfil this conditions:

• Quorum is reached with 34% of the total circulating $TERRA votes.

• Threshold is reached if the number of YES votes is greater than the number of NO votes and greater than the quorum.

If the above conditions are not met, the proposal will not pass.