Governance
Protocol development is managed by token holders, by participating in semi-annual coin votes, which determine protocol upgrades. As stated in the Authorized Protocol document token holders needs to vote on a working implementation of the protocol by first contest the implementation in the network and if it passes the threshold of 3% of the total ZP issued then it will pass to the candidate phase where token holder can vote on the new implementations.
Vote in Contestant Phase
Step 1: Go to ‘Governance’ tab under ‘Voting’ in the main navigation
Step 2: Insert your preferred valid commit ID
Step 3: Click the ‘Vote’ button to continue
Step 4: Review your voting summary and click ‘Continue’
Step 5: Enter your password to execute the vote transaction by clicking the ‘Continue’ button.
Step 6: After publishing your transaction a success message will appear.
Step 7: after executing your vote transaction you will be able to see it on the ‘Transaction History’ page
You might first see the transaction on ‘Pending’, till it gets its first confirmation
Vote in Candidate Phase
Step 1: Go to ‘Governance’ tab under ‘Voting’ in the main navigation
Step 2: Choose your preferred valid commit ID
Step 3: Click the ‘Vote’ button to continue
Step 4: Review your voting summary and click ‘Continue’
Step 5: Enter your password to execute the vote transaction by clicking the ‘Continue’ button.
Step 6: After publishing your transaction a success message will appear.
Step 7: after executing your vote transaction you will be able to see it on the ‘Transaction History’ page
You might first see the transaction on ‘Pending’, till it gets its first confirmation
Last updated