Universe Docs
  • xyzDAO Overview
  • Beginner's Guide to Governance
  • FAQ Walkthroughs
    • How to get $XYZ tokens?
    • How to obtain voting power (stake) in the DAO?
    • How to lock $XYZ to increase voting power?
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    • How to return delegated voting power (vXYZ)?
    • How can I earn rewards from the USDC/XYZ pool?
    • How to withdraw $XYZ from the DAO?
    • How to create a proposal?
    • How to vote on the proposal?
  • DAO Specifications
    • Diamond Standard
    • Thresholds
    • DAO Governance
    • Multiplier and Voting Power
  • Proposals & Voting
    • Proposals
    • Proposals State
    • Warm-Up
    • Abrogation Proposals
    • Voting
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      • What are the Marketplace fees?
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      • How do I make an offer for an NFT?
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      • How can I cancel my listing?
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      • How do I accept an offer?
    • Wallet FAQs
      • Do hardware wallets work with Universe XYZ?
      • My transaction is stuck
      • Types of wallets
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      • What is minting?
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      • How do I create Collections on Universe XYZ
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      • Can I sell NFTs minted on Universe on other platforms?
      • What is burning?
      • What is ERC-1155?
      • What is ERC-721?
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  1. Proposals & Voting

Warm-Up

After Warm-up, any user can vote. The voting period starts immediately.

At the first incoming vote if the creator’s balance falls below the 1% threshold the proposal is canceled automatically or it can be canceled by calling a function.

Once a proposal is accepted, it will have to wait in a queue before it can be executed; During this time, it can be canceled by:

  • the creator;

  • anyone if the creator’s balance falls below the 1% threshold;

  • cancellation proposal.

Once a proposal becomes executable, any users can call the execute function. If the proposal is not executed during the Grace period, it is marked as expired and cannot be executed anymore. Each proposal should include some documentation, etc.

PreviousProposals StateNextAbrogation Proposals

Last updated 4 years ago

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