Decoding a Referendum

The information about a proposal is divided into four sections -

Description

• This section is used to provide the complete context about the referendum and enable the community to discuss about it.

  • The description will be the same as the discussion, proposal or motion to which the referendum is linked

Timeline

• The timeline provides a view of the timestamps of when a referendum was initiated as a discussion, followed by its evolution through various stages of a proposal and its culmination into a referendum

On Chain Information

• The entire metadata and on chain arguments for a referendum can be viewed in this section

• Users can also look at earlier proposals proposed by the author, and do their due diligence from this section

Voting Information

• A Referendum will have two tags next to it, the kind of majority required for it to pass (Simple Majority / Super Majority Approve / Super Majority Against) and its current status (Passing / Failing).

• Each kind of majority is defined in Voting on a Referendum under the Tallying Section

• The current status of the proposal is defined as Passing if it satisfies the majority voting condition and has the required turnout for the vote to pass

• The votes are calculated by taking conviction into account

  • The vote contribution is the vote amount * conviction

  • The list of votes casted can be found below the proposal