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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