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General TradingV

Voting

In the context of blockchain and decentralised governance, the process by which token holders participate in decision-making by casting votes on proposals that affect a protocol's parameters, upgrades, treasury allocation, or operational changes. Voting power is typically proportional to the number of governance tokens held or delegated, creating a stake-weighted democratic system. On-chain voting provides transparency and immutability, while off-chain voting through snapshot tools reduces gas costs.

Example

The governance proposal to reduce protocol fees passed with 68% of voting power in favour, with the result automatically executed by the on-chain governance contract.