4 - Adoption of Proposed SHx Governance Rules
This proposal asks if the proposed SHX Governance Rules be adopted as the foundational rules for how SHx governance is conducted.
Outcome: FOR. The proposed SHx Governance Rules document should be adopted as the foundational governance framework for SHx.
Snapshot Time
Dec 11, 2024 20:00 GMT
Ledger Sequences
Stellar: 54,784,871
Vote Start
Dec 16, 2024 20:00 GMT
First included Stellar ledger: 54,857,024
Vote End
Dec 21, 2024 20:00 GMT
Last included Stellar ledger: 54,929,175
Results Published
Dec 31, 2024 20:00 GMT
Implementation
Q1 2025
Description
The vote seeks approval for the adoption of the Proposed SHx Governance Rules document, which establishes the governance framework, voting processes, and amendment procedures for SHx governance on the Stellar and Ethereum networks.
Background
The Proposed SHx Governance Rules are designed to formalize SHx governance, ensuring transparency, security, and trust. Key highlights include:
Voting mechanics based on Active Circulating Supply and token snapshots.
Proposal lifecycle processes, including community discussions, draft proposals, and binding votes.
Governance structures, such as the requirements for super-majority and simple-majority approvals for different types of proposals.
Adopting these rules is a foundational step in enhancing Stronghold's decentralized governance approach and streamlining future decision-making processes.
Voting Notes
The vote asks if the Proposed SHx Governance Rules document should be adopted as the foundational governance framework for SHx, passing by simple majority.
Results
A total of 158,320,372 voting power participated in the proposal vote.
Question
Which StrongholdNET APIs should be prioritized for development and release in the open-access developer console?
FOR
The proposed SHx Governance Rules document should be adopted as the foundational governance framework for SHx.
112,393,017
AGAINST
The proposed SHx Governance Rules document should not be adopted as the foundational governance framework for SHx.
0
ABSTAIN
Abstain from voting for this proposal.
45,932,355
Outcome: FOR. The proposed SHx Governance Rules document should be adopted as the foundational governance framework for SHx.
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