Closed 0xGabi closed 3 years ago
This is actually a quote from the documentation I've extensively covered on the TEC forum.
https://forum.tecommons.org/t/disputable-voting-parameters-general-discussion/267
Happy to take on this issue!
Added on the latest Garden documentation.
Quoting Griff:
1 Delegation: This process would allow token holders to vest their voting powers to a delegate who will cast votes on their behalf. A voter however does not give up full control. The delegates are forced to vote early in the voting period and if the token holder sees that their delegate has voted contrary to the token holderās will they can veto their vested portion of the delegateās vote and cast their vote themselves. Both a delegate and a token holder can only vote ONCE.
2 Disputability: Proposals can be disputed by a challenger, the proposer must respond by either negotiating a settlement or escalating the challenge to Celeste or a form of court and must fork out a token fee to assign and pay jurors to mediate the dispute. Check out this 1hive thread on Celeste for more info.
3 Wait for Quiet: If a proposal has a change in outcome near the end of the voting period, more time will be added to the end of the voting period so that the token holders that have yet to cast their vote have an opportunity to express their opinion on the controversial proposal.
Features: Vote delegation, disputing proposals, wait for quiet Governance: Plutocratic, āone token one voteā with delegation. Voting is executed via TEC tokens.