Participate in Democracy
The public referenda chamber is one of the three bodies of on-chain governance as it's instantiated in Polkadot and Kusama. The other two bodies are the council and the technical committee.
Public referenda can be proposed and voted on by any token holder in the system as long as they provide a bond. After a proposal is made, others can agree with it by endorsing it and putting up tokens equal to the original bond. During every launch period, the most endorsed proposal will be moved to the public referenda table where it can be voted upon. Voters who are willing to lock up their tokens for a greater duration of time can do so and get their votes amplified. For more details on the governance system please see here.
This guide will instruct token holders how to propose and vote on public referenda using the Democracy module. Below are a few links to stay informed and directly engage with the community.
- Polkadot Direction - a place to discuss governance and the future of Polkadot.
- Kusama Direction - a place to discuss governance and the future of Kusama.
- Polkadot and Kusama Polkassembly - for current referenda, latest proposals, motions, treasury proposals, tips, bounties, and more.
- Polkadot Daily Digest - News about what is happening in the Polkadot ecosystem, published every weekday except holidays.
Important Parameters
The important parameters to be aware of when voting using the Democracy module are as follows:
Launch Period - How often new public referenda are launched.
Voting Period - How often votes for referenda are tallied.
Emergency Voting Period - The minimum voting period for a fast-tracked emergency referendum.
Minimum Deposit - The minimum amount to be used as a deposit for a public referendum proposal.
Enactment Period - The minimum period for locking funds and the period between a proposal being approved and enacted.
Cooloff Period - The period in blocks where a proposal may not be re-submitted after being vetoed.