Proposals & Voting
Stargate is governed entirely by Stargate token holders via voting escrow.
Core Proposal include changes to the governance process itself and Multisig. These proposal are material to the governance process or major structural changes and, as such, carry higher quorum and support thresholds.
- Quorum Threshold: 10%
- Support Threshold: 80%
Protocol proposals include all other changes to the Stargate protocol, including parameter changes (e.g., changing fee structures, changing Stargate Unified Liquidity Pool connections & weights), protocol code changes, and protocol treasury allocations.
- Quorum Threshold: 2.5%
- Support Threshold: 70%
The voting process is designed to drive discussion for all proposals, which are then effectuated upon community approval and voting. Proposals must adhere to the below governance process.
- Proposal StageAll STG Token holder are eligible to submit non-binding proposals, which may result in a governance vote by holders of veSTG voting power.
- VotingProposals with a positive poll sentiment can be submitted to Snapshot by any holder of 50,000 veSTG, or from Admin wallets on Snapshot. Core and Protocol proposals have voting periods ranging between 24 hours & 120 hours.
Note: When voting on a proposal, an STG holder's voting power equals the holder's veSTG balance at the blocktime the proposal was submitted. As such, any veSTG acquired after the submission of a proposal cannot be used to vote on the proposal.