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Crypto governance ensures decentralized decision-making, community engagement, and network integrity. It allows stakeholders to propose, vote on changes, and allocate resources, promoting transparency, adaptability, and collective interests in the ecosystem.
When you choose governance tab you will encounter this page -> Let's go step by step to understand each every aspect of the page.
Tabs:
- Voting: This tab likely shows ongoing proposals that are currently being voted on.
- Passed: This tab, which is currently selected, lists all proposals that have been successfully passed.
- Rejected: This tab would show proposals that did not pass.
Proposal List: Each row represents a proposal with the following details:
- Proposal Number and Title: For example, "#28 Increase TxSizeCostPerByte 15x" is a parameter change proposal to increase the transaction size cost per byte by 15 times.
- Type of Proposal: Under the title, the type of proposal is mentioned (e.g., ParameterChangeProposal, BurnCoinsProposal, CommunityPoolSpendProposal, TextProposal, AcceptedDomainProposal).
- Voting Result: A progress bar with a percentage shows how much support the proposal received. For instance, the proposal "#28 Increase TxSizeCostPerByte 15x" passed with 69.64% votes.
- Status and Time Passed: Indicates the proposal's status (PASSED) and how long ago it passed (e.g., a month ago, 2 months ago).