Council Motions
Last updated
Last updated
There are two primary kinds of council motions
Council (Governanace)
Treasury
Unanimous Council - When all members of the council agree on a proposal, it can be moved to a referendum. This referendum will have a negative turnout bias (that is, the smaller the amount of stake voting, the smaller the amount necessary for it to pass - see Adaptive Quorum Biasing).
Majority Council - When agreement from only a simple majority of council members occurs, the referendum can also be voted upon, but it will be majority-carries (51% wins).
There can only be one active referendum at any given time, except when there is also an emergency referendum in progress.
A Council member can create a motion to accept or to reject the treasury proposal. It is possible that one motion to accept and another motion to reject are both created. The proportions to accept and reject Council proposals vary between accept or reject, and possibly depend on which network the Treasury is implemented.
The threshold for accepting a treasury proposal is at least three-fifths of the Council. On the other hand, the threshold for rejecting a proposal is at least one-half of the Council.
