README.md

Governance Action

A Governance Action is a proposal that gets submitted On-Chain for voting. It is an on-chain event triggered by a transaction. Governance actions have an expiration period, after which the action cannot be enacted.

Any ada holder can submit a governance action for a vote on-chain. Once the action is recorded on the ledger, voters submit voting transactions.

Governance Actions Types:

In CIP-1694 describes 7 types of Governance Actions:

ga-motion-of-no-confidence.md

ga-new-constitutional-committee-or-quorum-size.md

ga-updates-to-constitution.md

ga-hard-fork-initiation.md

ga-protocol-parameter-changes.md

ga-treasury-withdrawals.md

ga-info.md

Any Ada holder can submit a governance action to the chain.