diff --git a/docs/concepts/dao-vote.md b/docs/concepts/dao-vote.md index bdd500d7..21206ab0 100644 --- a/docs/concepts/dao-vote.md +++ b/docs/concepts/dao-vote.md @@ -1,34 +1,32 @@ --- id: dao-vote -title: "Arbitrum DAO votes: A conceptual overview" +title: "ArbitrumDAO votes: A conceptual overview" sidebar_label: DAO vote -description: Learn about the different types of votes that take place in the Arbitrum DAO. +description: Learn about the different types of votes that take place in the ArbitrumDAO. dao_author: symbolpunk dao_sme: dzgoldman --- - import DraftExpectationsPartial from '@site/docs/partials/_draft-expectations-partial.md'; -The Arbitrum DAO is governed by a protocol that allows $ARB governance token holders to propose and vote on different actions, such as changes to the DAO's [Constitution](../dao-constitution.md) or funding for specific projects. These votes are crucial for making decisions that shape the future of Arbitrum and the technologies it governs. +The ArbitrumDAO is governed by a protocol that allows $ARB governance token holders to propose and vote on different actions, such as changes to the DAO's [Constitution](../dao-constitution) or funding for specific projects. These votes are crucial for making decisions that shape the future of Arbitrum and the technologies it governs. ### Types of votes -There are two types of votes in the Arbitrum DAO: - -1. **Temperature check:** This is a preliminary vote that gauges the community's interest in a proposal before it moves on to the next stage. Temperature checks are conducted on the Snapshot platform and are only open to $ARB token holders who hold (or represent) at least 0.01% of votable tokens. +There are two types of votes in the ArbitrumDAO: -2. **On-chain vote:** If the proposal passes the temperature check, it will move on to an on-chain vote facilitated by [Tally](https://tally.xyz/gov/arbitrum). This "call for votes" can be initiated by $ARB token holders who hold (or represent) at least 1,000,000 votable tokens. To be approved, more than 50% of the votable tokens that voted on the proposal must have voted in favor of the proposal; constitutional proposals must receive votes from at least 4.5% of all votable tokens in existence; non-constitutional proposal must receive votes from at least 3% of all votable tokens in existence. Refer to the [Constitution](../dao-constitution.md) for a more precise description of Arbitrum DAO's governance protocol. +1. **Temperature check:** This is a preliminary vote that gauges the community's interest in a proposal before it moves on to the next stage. Temperature checks are conducted on the Snapshot platform and are only open to $ARB token holders who hold (or represent) at least 500,000 of votable tokens. +2. **On-chain vote:**  If the proposal passes the temperature check, it will move on to an on-chain vote facilitated by the [on-chain governance UI](https://alt.gov.arbitrum.foundation/). This "call for votes" can be initiated by $ARB token holders who hold (or represent) at least 1,000,000 votable tokens. To be approved, more than 50% of tokens that voted on the proposal must have voted ‘For’ and/or ‘Abstain’; constitutional proposals must receive votes from at least 50% of all delegated tokens (within the range of 150m to 450m $ARB); non-constitutional proposal must receive votes from at least 40% of all delegated tokens (within the range of 100m to 300m $ARB). Refer to the [Constitution](../dao-constitution) for a more precise description of ArbitrumDAO's governance protocol. ### Token-weighted voting -The amount of voting power you have is determined by the number of $ARB tokens you hold. However, you also have the option to grant your voting power to a delegate who can vote on your behalf. This is a great option for token holders who may not have the time or resources to actively participate in the DAO's governance. See [How to delegate your voting power](../how-tos/select-delegate-voting-power.md) to learn more about this option. +The amount of voting power you have is determined by the number of $ARB tokens you hold. However, you also have the option to grant your voting power to a delegate who can vote on your behalf. This is a great option for token holders who may not have the time or resources to actively participate in the DAO's governance. See [How to delegate your voting power](../how-tos/select-delegate-voting-power) to learn more about this option. ### Values-based voting -It's important to note that the Arbitrum DAO operates on a set of values outlined in its [Constitution](../dao-constitution.md). These values include decentralization, security, and scalability. When evaluating proposals, voters should consider whether the proposal aligns with these values and if the proposal furthers the interests of the DAO as a whole (as opposed to special interests that don't represent the DAO as a whole). +It's important to note that the ArbitrumDAO operates on a set of values outlined in its [Constitution](../dao-constitution). These values include decentralization, security, and scalability. When evaluating proposals, voters should consider whether the proposal aligns with these values and if the proposal furthers the interests of the DAO as a whole (as opposed to special interests that don't represent the DAO as a whole). ### Conclusion -Voting is an important aspect of the Arbitrum DAO's governance and allows token holders to make decisions that shape the future of the DAO. By understanding the different types of votes, your voting power, and the values that guide the DAO, you can help the DAO make collectively informed and incentives-aligned decisions. \ No newline at end of file +Voting is an important aspect of the ArbitrumDAO's governance and allows token holders to make decisions that shape the future of the DAO. By understanding the different types of votes, your voting power, and the values that guide the DAO, you can help the DAO make collectively informed and incentives-aligned decisions.