Governance Parameters

Parameter
Description
Value

Quorum

% of supply of RATE participation needed to pass a proposal

3% of emitted RATE

Proposal Threshold

The minimum RATE held by an address in order to create a proposal

500

Voting Delay

How long after a proposal until voting starts. RATE/TAI can be transferred and delegated during this period.

48 hours

Voting Period

Period in which proposal can be voted for/against by RATE holders or veto by TAI holders.

120 hours

Veto Quorum

Amount of TAI needed to veto a proposal

25% of TAI supply

Veto Period

Period after voting in which a veto can be executed

12 hours

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