On-Chain Governance
Community Governance — Propose, Vote, Decide
Participate in Verdis Chain's on-chain democracy. Submit proposals, vote on referendums, join the council, and manage treasury funds. Every VRDX holder has a voice.
Active Referendums
0
Open for voting
Council Members
8
Max 21
Treasury Balance
0
VRDX
Total Proposals
0
All time
pallet-democracy
pallet-collective
Active Referendums
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Public Proposals
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Council Members
—
Max 21
Treasury Balance
—
VRDX
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No active referendums. Proposals that reach quorum will appear here for voting.
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No public proposals yet. Submit a proposal to start the democratic process.
Council Members 0 active
The council reviews proposals and can fast-track referendums
Treasury Balance
— VRDX
Funds collected from slashed deposits, transaction fees, and tips
Treasury Proposals 0
Spending proposals awaiting approval
No treasury proposals
Submit a Proposal
Proposals require a minimum deposit of 1,000 VRDX. If the proposal is rejected, the deposit is slashed.
How Governance Works
1. Proposal — Any token holder can submit a proposal with a minimum deposit of 1,000 VRDX.
2. Seconding — Other members can "second" a proposal to show support. The proposal with the most support enters the referendum queue.
3. Referendum — The proposal goes to a public vote. All token holders can vote AYE (approve) or NAY (reject).
4. Enactment — If approved, the proposal is scheduled for enactment after a delay period.
5. Council — The 21-member council can fast-track proposals, cancel referendums, and manage treasury spending.