This guide is an initial set of rules, the below rules can be changed by a DAO decision.
The SSV token is exclusively used for voting on all ssv.network decisions, unless the DAO decided otherwise.
A minimal quorum requires 5% of the circulating SSV supply, based on the number of CDT converted to SSV and newly minted SSV tokens.
A submitted proposal must start voting within 1 month of submission.
A vote on a proposal is 7 days long, requiring >50% of positive votes. The date and time in which a vote has ended is called vote expiry.
Voting is done on snapshot, an off-chain voting dApp.
Execution of any passed vote is done via the multisig committee according to the mechanical specifications of the proposals.
Execution will occur within 60 days of vote expiry.
If the execution details are unclear, the multisig committee will let the proposer know, and they will have 7 days to respond and resolve the issue.
If a proposal depends on a previous proposal, the dependency proposal must be passed and executed before the execution of the original proposal, unless stipulated otherwise.
Anyone with 100 SSV tokens can submit a proposal.
</aside>