|
| 1 | +--- |
| 2 | +sidebar_position: 1 |
| 3 | +--- |
| 4 | + |
| 5 | +# Voting |
| 6 | + |
| 7 | +Voting parameters are initially set when you create a DAO. Of course you can |
| 8 | +always modify them later with a [governance proposal](/definitions/proposals) |
| 9 | +containing the `Update Voting Config` action from the `DAO Governance` category. |
| 10 | + |
| 11 | +If you have multiple choice proposals enabled, you will instead see two |
| 12 | +different actions, one labeled `Update Single Choice Voting Config` and the |
| 13 | +other labeled `Update Multiple Choice Voting Config`. |
| 14 | + |
| 15 | +The various parameters are described below. |
| 16 | + |
| 17 | +## Passing threshold and quorum |
| 18 | + |
| 19 | +The **_passing threshold_** is the `Yes` threshold needed to pass a proposal. It |
| 20 | +defaults to majority (i.e. any votes above 50%). It sounds simple, but it gets |
| 21 | +trick very fast because it works differently depending on whether or not the |
| 22 | +quorum is enabled. |
| 23 | + |
| 24 | +The **_quorum_** is the proportion of all voting power that must vote for a |
| 25 | +proposal to be **passable**. It defaults to 20%. For single choice proposals, |
| 26 | +quorum can be disabled. |
| 27 | + |
| 28 | +### Multiple choice proposals |
| 29 | + |
| 30 | +Multiple choice proposals use quorum in the same way, but they do not have a |
| 31 | +passing threshold. Instead, as long as the quorum is met, whichever option |
| 32 | +received more votes (i.e. the plurality of votes) wins. You cannot disable |
| 33 | +quorum for multiple choice proposals. |
| 34 | + |
| 35 | +Read on to understand how passing threshold and quorum affect each other for |
| 36 | +single choice proposals. |
| 37 | + |
| 38 | +### With quorum enabled |
| 39 | + |
| 40 | +If your DAO has a quorum set, the passing threshold is only calculated among |
| 41 | +**those who voted**. |
| 42 | + |
| 43 | +For example, with a quorum of 40% and a passing threshold of 75%, a proposal |
| 44 | +could pass with only 30% of the total voting power having voted `Yes` if exactly |
| 45 | +40% of voters vote. Imagine: 40% of the total voting power votes on the |
| 46 | +proposal. Quorum is met. Of those who voted, 75% vote `Yes`. The rest of the |
| 47 | +votes are split between `Abstain` and `No`. `Yes` will have won the vote with a |
| 48 | +75% threshold of quorum, even though only 30% of the _total_ voting power voted |
| 49 | +`Yes`. |
| 50 | + |
| 51 | +Setting quorum to 0% means that any single voter can pass a proposal by |
| 52 | +themself. _This is different from disabling quorum._ |
| 53 | + |
| 54 | +:::tip |
| 55 | + |
| 56 | +Enabling a quorum helps when there is a risk of low participation in a DAO. |
| 57 | +Large token-based DAOs likely face this risk as membership is fluid and |
| 58 | +attention is finite. Setting a quorum low enough ensures that the DAO cannot be |
| 59 | +locked due to lack of sufficient participation. However, setting a quorum too |
| 60 | +low can lead to proposals passing that do not represent enough member's |
| 61 | +preferences (if not enough people are paying attention). |
| 62 | + |
| 63 | +::: |
| 64 | + |
| 65 | +### With quorum disabled |
| 66 | + |
| 67 | +If your DAO has no quorum set, the passing threshold is calculated among **all |
| 68 | +possible voters**. This is considered an absolute threshold. |
| 69 | + |
| 70 | +For example, with a passing threshold of 67%, a proposal will pass if 67% of the |
| 71 | +total voting power voted `Yes`. |
| 72 | + |
| 73 | +:::caution |
| 74 | + |
| 75 | +Threshold and quorum can be very confusing. Please be careful and check your |
| 76 | +understanding with others before making any changes. |
| 77 | + |
| 78 | +::: |
| 79 | + |
| 80 | +## Only members execute |
| 81 | + |
| 82 | +If enabled, only members may execute passed proposals. If disabled, anyone can. |
| 83 | +This defaults to enabled. |
| 84 | + |
| 85 | +## Voting duration |
| 86 | + |
| 87 | +This is the maximum time proposals remain open for voting. |
| 88 | + |
| 89 | +## Allow revoting |
| 90 | + |
| 91 | +If enabled, votes can be changed before the voting duration ends. This defaults |
| 92 | +to disabled. |
| 93 | + |
| 94 | +:::tip |
| 95 | + |
| 96 | +When this is enabled, proposals always remain open for their entire duration. |
| 97 | +This is because the proposal outcome cannot be determined if votes can be |
| 98 | +changed. |
| 99 | + |
| 100 | +When this is disabled, proposals will pass or fail early if sufficient voters |
| 101 | +cast votes to determine an outcome. |
| 102 | + |
| 103 | +::: |
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