Proposal Lifecycle

Each proposal moves through the following stages:

Support phase

• An improvement gets suggested by any user in Discourse

• Gets community endorsement

• May end up in a VIP

Proposal creation

• The proposal gets created through a user with the WHITELISTED_ROLE

• Includes: title, IPFS description, and general vote details

Promotion phase

• The proposal is in pending state, is registered but not live yet

• Delayed start gives time for spreading awareness about the proposal, and to get more voting power or add managers

Approval phase

1. Start

• Voting begins at the specified startBlock

• Snapshot taken for voter eligibility and power

• Each Node can vote once

2. End

• Voting ends after voteDuration

• No more votes can be accepted, results become locked

3. Evaluation

• Results tallied

• If quorum is met and and FOR votes are more than AGAINST votes → SUCCEEDED (Approved)

• Otherwise → DEFEATED (Rejected)

Execution phase

• Passed proposals may be manually implemented by VeChain Foundation or others

• Selected accounts can mark the proposal as Executed after the decision has become effective

Cancellation

• Creator or other users with the WHITELISTED_ROLE may cancel proposals before they start

• Admins may cancel proposals before they complete