Skip to content

Governance Participation

Governance participation enables TORUS holders to shape the network’s evolution through democratic decision-making processes. Every token holder has voting rights proportional to their holdings, creating a decentralized governance system where community consensus drives protocol changes.

Voting power directly correlates to TORUS token holdings:

  • 1 TORUS = 1 vote

Right now,

Treasury Transfer Proposals:

Community requests for funding from the DAO Treasury to support ecosystem development, research, or community initiatives.

Voting Considerations:

  • Project viability and team credibility
  • Benefit to the Torus ecosystem
  • Budget reasonableness and timeline
  • Alignment with network priorities

Emission Proposals:

Changes to network economics, including token emission rates, burn mechanisms, and reward distribution parameters.

Voting Considerations:

  • Long-term economic sustainability
  • Impact on token value and inflation
  • Effects on network incentives
  • Technical feasibility of implementation

Governance Parameter Changes:

Modifications to voting thresholds, proposal costs, voting periods, and other governance mechanics.

Voting Considerations:

  • Democratic accessibility vs governance security
  • Participation requirements and barriers
  • Protection against governance attacks
  • Community representation balance

Voting Mechanics

Proposal Lifecycle

  1. Submission: Proposals submitted with required deposit (typically 10,000 TORUS)
  2. Review Period: Community discussion and feedback (informal)
  3. Voting Period: 7-day voting window for all token holders
  4. Execution/Rejection: Automatic execution based on voting results

Approval Criteria

Standard Requirements:

  • Support Threshold: At least 50% of votes must be favorable
  • Participation Threshold: More than 10% of total token supply must participate
  • Time Limit: Voting closes after 7 days regardless of participation

Outcome Scenarios:

  • Approved: 50%+ support + 10%+ participation → Automatic execution
  • Rejected: Less than 50% support + 10%+ participation → Proposal fails
  • Insufficient Participation: Less than 10% participation → Proposal expires

Vote Finality

Once cast, votes cannot be changed during the voting period. This ensures predictability and prevents last-minute manipulation, but requires careful consideration before voting.

Economic Incentives and Costs

Proposal Costs

  • Submission Fee: 10,000 TORUS required to submit proposals
  • Cost Recovery: Fee refunded if proposal passes, retained by Treasury if rejected
  • Spam Prevention: Economic barrier prevents frivolous proposals

Voting Costs

  • Transaction Fees: Standard network fees apply for voting transactions
  • Power User Setup: One-time transaction to enable direct voting control
  • Switching Modes: Small transaction cost to change between delegated and power user modes

Strategic Voting Considerations

Information Gathering

  • Proposal Details: Thoroughly review all proposal documentation
  • Community Discussion: Engage in Discord, Telegram, and forum discussions
  • Technical Analysis: Understand implementation details and potential impacts
  • Precedent Setting: Consider how current votes affect future proposals

Long-term Impact

  • Network Health: Vote for proposals that strengthen the ecosystem
  • Economic Sustainability: Support proposals that enhance long-term value
  • Community Growth: Favor initiatives that expand and engage the user base
  • Innovation: Encourage proposals that advance technical capabilities

Governance Security

Attack Prevention

  • Proposal Costs: Economic barriers prevent spam and low-quality submissions
  • Time Delays: Voting periods allow community review and response
  • Participation Thresholds: Ensure broad community involvement in decisions
  • Transparent Process: All votes and outcomes are publicly recorded

Best Practices

  • Diversified Holdings: Avoid concentration of voting power in few hands
  • Active Participation: Regular voting prevents governance capture
  • Community Engagement: Discuss proposals before voting
  • Long-term Thinking: Consider ecosystem health over short-term gains
  • Tokenomics - Understanding TORUS token economics and distribution
  • Staking - How staking affects voting power and governance participation
  • Governance DAO - Overall DAO structure and decision-making processes