Creating a Democracy Proposal
Last updated
Last updated
Anyone can propose a referendum by depositing the minimum amount of tokens for a certain period (number of blocks). If someone agrees with the proposal, they may deposit the same amount of tokens to support it - this action is called endorsing.
Please note, presently democracy proposals cannot be created via Polkassembly.
The proposal with the highest amount of bonded support will be selected to be a referendum in the next voting cycle.
Note that this may be different from the absolute number of endorsements; for instance, three accounts bonding 20 DOT each would "outweigh" ten accounts bonding a single DOT each
The bonded tokens will be released once the proposal is tabled (that is, brought to a vote).
There can be a maximum of 100 public proposals in the proposal queue.
Once a Democracy Proposal gets accepted by the council, it becomes a Referedum