Quorum

In VeVote, quorum represents the minimum level of participation required for a proposal to be considered valid. It ensures that decisions are made with sufficient involvement from the governance community.

Current Configuration

• Quorum Threshold: 5% of total eligible vote weight

• Status: Dynamically configurable via Smart Contracts

How Quorum Works

• Quorum is defined as a percentage of the total potential vote weight, including both:

  • Eligible Stargate NFT holders.

  • Active Authority Master Nodes.

• The quorum percentage is evaluated at the time of proposal snapshot, not live or retroactively.

Evaluation Time

• Quorum is evaluated at proposal end, after the voting period closes.

Outcome

• If quorum is reached: The proposal proceeds to tally and may pass or fail based on votes.

• If quorum is not reached: The proposal is automatically marked as DEFEATED, regardless of the actual votes cast.

Status names of the platform might be different, the tags are referring to the ones available in the Smart Contracts.