# Governance

Governance lets your Guild steer its own economy. By staking LP tokens you earn Voting Power (VP), create proposals, and execute on-chain actions—no multisig, no middlemen.

### How voting works?

| Step                          | Result                                             |
| ----------------------------- | -------------------------------------------------- |
| Add liquidity (Guild / $TEVA) | Receive LP tokens                                  |
| Stake LP                      | LP × multiplier → VP                               |
| Delegate (optional)           | Assign VP to another address without moving tokens |

> Why LP, not just tokens? Liquidity providers keep markets deep; staking LP aligns influence with those supporting price stability.

### **Default Governance Parameters**

| Parameter          | Default            | Notes                        |
| ------------------ | ------------------ | ---------------------------- |
| Proposal Threshold | 10 000 VP          | Minimum VP to submit         |
| Quorum             | ≥ 51 % of total VP | Calculated at proposal start |
| Voting Period      | 3 days             | Time window to vote          |
| Execution Timelock | 24 h               | Cool-off before actions run  |

All parameters—including quorum %—can be changed by governance itself.

***

### **Creating a Proposal**

{% stepper %}
{% step %}
**Proposal text**

Title & description
{% endstep %}

{% step %}
**Custom actions**

Off-chain items (e.g., marketing plan)
{% endstep %}

{% step %}
**On-chain actions**

One or more smart-contract calls that execute automatically if the vote passes.
{% endstep %}
{% endstepper %}

On-chain actions shown in the UI are examples, not a complete list.

> You can attach any contract address and function—transfer funds, update fees, mint NFTs, etc.—so long as the ABI is provided.

***

### **Common Onchain Actions (non-exhaustive)**

| Treasury   | withdraw, transfer                |
| ---------- | --------------------------------- |
| Parameters | setQuorumPercent, setVoteDuration |

*(Your Guild may add more; any valid contract call can be proposed.)*

***

### **Proposal Lifecycle**

{% stepper %}
{% step %}
**Draft** 

Discuss in Post Feed / Discord
{% endstep %}

{% step %}
**Create** 

Meet 10 000 VP threshold; attach on-chain actions
{% endstep %}

{% step %}
**Vote**

VP holders vote For, Against, or Abstain (3 days)
{% endstep %}

{% step %}
**Timelock** 

24 h safety window
{% endstep %}

{% step %}
**Execute** 

Smart contract runs the approved onchain actions automatically
{% endstep %}
{% endstepper %}

***

{% hint style="info" %}
Governance keeps your Guild creator-led *and* community-owned. Stake LP, delegate if busy, vote on-chain, and shape your Guild’s future.
{% endhint %}


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