32 KiB
Governance documentation
Disclaimer: This is work in progress. Mechanisms are susceptible to change.
This document describes the high-level architecture of the governance module. The governance module allows bonded Atom holders to vote on proposals on a 1 bonded Atom 1 vote basis.
Design overview
The governance process is divided in a few steps that are outlined below:
- Proposal submission: Proposal is submitted to the blockchain with a deposit
- Vote: Once deposit reaches a certain value (
MinDeposit
), proposal is confirmed and vote opens. Bonded Atom holders can then sendTxGovVote
transactions to vote on the proposal - If the proposal involves a software upgrade:
- Signal: Validators start signaling that they are ready to switch to the new version
- Switch: Once more than 75% of validators have signaled that they are ready to switch, their software automatically flips to the new version
Proposal submission
Right to submit a proposal
Any Atom holder, whether bonded or unbonded, can submit proposals by sending a TxGovProposal
transaction. Once a proposal is submitted, it is identified by its unique proposalID
.
Proposal filter (minimum deposit)
To prevent spam, proposals must be submitted with a deposit in Atoms. Voting period will not start as long as the proposal's deposit is smaller than the minimum deposit MinDeposit
.
When a proposal is submitted, it has to be accompagnied by a deposit that must be strictly positive but can be inferior to MinDeposit
. Indeed, the submitter need not pay for the entire deposit on its own. If a proposal's deposit is strictly inferior to MinDeposit
, other Atom holders can increase the proposal's deposit by sending a TxGovDeposit
transaction. Once the proposals's deposit reaches MinDeposit
, it enters voting period.
Deposit refund
There are two instances where Atom holders that deposited can claim back their deposit:
- If the proposal is accepted
- If the proposal's deposit does not reach
MinDeposit
for a period longer thanMaxDepositPeriod
(initial value: 2 months). Then the proposal is considered closed and nobody can deposit on it anymore.
In such instances, Atom holders that deposited can send a TxGovClaimDeposit
transaction to retrieve their share of the deposit.
Proposal types
In the initial version of the governance module, there are two types of proposal:
PlainTextProposal
. All the proposals that do not involve a modification of the source code go under this type. For example, an opinion poll would use a proposal of typePlainTextProposal
SoftwareUpgradeProposal
. If accepted, validators are expected to update their software in accordance with the proposal. They must do so by following a 2-steps process described in the Software Upgrade section below. Software upgrade roadmap may be discussed and agreed on viaPlainTextProposals
, but actual software upgrades must be performed viaSoftwareUpgradeProposals
.
Proposal categories
There are two categories of proposal:
Regular
Urgent
These two categories are strictly identical except that Urgent
proposals can be accepted faster if a certain condition is met. For more information, see Threshold section.
Vote
Participants
Participants are users that have the right to vote on proposals. On the Cosmos Hub, participants are bonded Atom holders. Unbonded Atom holders and other users do not get the right to participate in governance. However, they can submit and deposit on proposals.
Note that some participants can be forbidden to vote on a proposal under a certain validator if:
- participant bonded or unbonded Atoms to said validator after proposal entered voting period
- participant became validator after proposal entered voting period
This does not prevent participant to vote with Atoms bonded to other validators. For example, if a participant bonded some Atoms to validator A before a proposal entered voting period and other Atoms to validator B after proposal entered voting period, only the vote under validator B will be forbidden.
Voting period
Once a proposal reaches MinDeposit
, it immediately enters Voting period
. We define Voting period
as the interval between the moment the vote opens and the moment the vote closes. Voting period
should always be shorter than Unbonding period
to prevent double voting. The initial value of Voting period
is 2 weeks.
Option set
The option set of a proposal refers to the set of choices a participant can choose from when casting its vote.
The initial option set includes the following options:
Yes
No
NoWithVeto
Abstain
NoWithVeto
counts as No
but also adds a Veto
vote. Abstain
option allows voters to signal that they do not intend to vote in favor or against the proposal but accept the result of the vote.
Note: from the UI, for urgent proposals we should maybe add a ‘Not Urgent’ option that casts a NoWithVeto
vote.
Quorum
Quorum is defined as the minimum percentage of voting power that needs to be casted on a proposal for the result to be valid.
In the initial version of the governance module, there will be no quorum enforced by the protocol. Participation is ensured via the combination of inheritance and validator's punishment for non-voting.
Threshold
Threshold is defined as the minimum proportion of Yes
votes (excluding Abstain
votes) for the proposal to be accepted.
Initially, the threshold is set at 50% with a possibility to veto if more than 1/3rd of votes (excluding Abstain
votes) are NoWithVeto
votes. This means that proposals are accepted if the proportion of Yes
votes (excluding Abstain
votes) at the end of the voting period is superior to 50% and if the proportion of NoWithVeto
votes is inferior to 1/3 (excluding Abstain
votes).
Urgent
proposals also work with the aforementioned threshold, except there is another condition that can accelerate the acceptance of the proposal. Namely, if the ratio of Yes
votes to InitTotalVotingPower
exceeds 2:3, UrgentProposal
will be immediately accepted, even if the Voting period
is not finished. InitTotalVotingPower
is the total voting power of all bonded Atom holders at the moment when the vote opens.
Inheritance
If a delegator does not vote, it will inherit its validator vote.
- If the delegator votes before its validator, it will not inherit from the validator's vote.
- If the delegator votes after its validator, it will override its validator vote with its own. If the proposal is a
Urgent
proposal, it is possible that the vote will close before delegators have a chance to react and override their validator's vote. This is not a problem, asUrgent
proposals require more than 2/3rd of the total voting power to pass before the end of the voting period. If more than 2/3rd of validators collude, they can censor the votes of delegators anyway.
Validator’s punishment for non-voting
Validators are required to vote on all proposals to ensure that results have legitimacy. Voting is part of validators' directives and failure to do it will result in a penalty.
If a validator’s address is not in the list of addresses that voted on a proposal and the vote is closed (i.e. MinDeposit
was reached and Voting period
is over), then the validator will automatically be partially slashed of GovernancePenalty
.
Note: Need to define values for GovernancePenalty
Exception: If a proposal is a Urgent
proposal and is accepted via the special condition of having a ratio of Yes
votes to InitTotalVotingPower
that exceeds 2:3, validators cannot be punished for not having voted on it. That is because the proposal will close as soon as the ratio exceeds 2:3, making it mechanically impossible for some validators to vote on it.
Governance key and governance address
Validators can make use of a slot where they can designate a Governance PubKey
. By default, a validator's Governance PubKey
will be the same as its main PubKey. Validators can change this Governance PubKey
by sending a Change Governance PubKey
transaction signed by their main Consensus PrivKey
. From there, they will be able to sign votes using the Governance PrivKey
associated with their Governance PubKey
. The Governance PubKey
can be changed at any moment.
Software Upgrade
If proposals are of type SoftwareUpgradeProposal
, then nodes need to upgrade their software to the new version that was voted. This process is divided in two steps.
Signal
After a SoftwareUpgradeProposal
is accepted, validators are expected to download and install the new version of the software while continuing to run the previous version. Once a validator has downloaded and installed the upgrade, it will start signaling to the network that it is ready to switch by including the proposal's proposalID
in its precommits.(Note: Confirmation that we want it in the precommit?)
Note: There is only one signal slot per precommit. If several SoftwareUpgradeProposals
are accepted in a short timeframe, a pipeline will form and they will be implemented one after the other in the order that they were accepted.
Switch
Once a block contains more than 2/3rd precommits where a common SoftwareUpgradeProposal
is signaled, all the nodes (including validator nodes, non-validating full nodes and light-nodes) are expected to switch to the new version of the software.
Note: Not clear how the flip is handled programatically
Implementation
Disclaimer: This is a suggestion. Only structs and pseudocode. Actual logic and implementation might widely differ
State
Procedures
Procedures
define the rule according to which votes are run. There can only be one active procedure at any given time. If governance wants to change a procedure, either to modify a value or add/remove a parameter, a new procedure has to be created and the previous one rendered inactive.
type Procedure struct {
VotingPeriod int64 // Length of the voting period. Initial value: 2 weeks
MinDeposit int64 // Minimum deposit for a proposal to enter voting period.
OptionSet []string // Options available to voters. {Yes, No, NoWithVeto, Abstain}
ProposalTypes []string // Types available to submitters. {PlainTextProposal, SoftwareUpgradeProposal}
Threshold rational.Rational // Minimum propotion of Yes votes for proposal to pass. Initial value: 0.5
Veto rational.Rational // Minimum value of Veto votes to Total votes ratio for proposal to be vetoed. Initial value: 1/3
MaxDepositPeriod int64 // Maximum period for Atom holders to deposit on a proposal. Initial value: 2 months
GovernancePenalty int64 // Penalty if validator does not vote
IsActive bool // If true, procedure is active. Only one procedure can have isActive true.
}
Store:
Procedures
: a mappingmap[int16]Procedure
of procedures indexed by theirProcedureNumber
ActiveProcedureNumber
: returns current procedure number
Proposals
Proposals
are item to be voted on.
type Proposal struct {
Title string // Title of the proposal
Description string // Description of the proposal
Type string // Type of proposal. Initial set {PlainTextProposal, SoftwareUpgradeProposal}
Category bool // false=regular, true=urgent
Deposit int64 // Current deposit on this proposal. Initial value is set at InitialDeposit
SubmitBlock int64 // Height of the block where TxGovSubmitProposal was included
VotingStartBlock int64 // Height of the block where MinDeposit was reached. -1 if MinDeposit is not reached
InitTotalVotingPower int64 // Total voting power when proposal enters voting period (default 0)
InitProcedureNumber int16 // Procedure number of the active procedure when proposal enters voting period (default -1)
Votes map[string]int64 // Votes for each option (Yes, No, NoWithVeto, Abstain)
}
We also introduce a type ValidatorGovInfo
type ValidatorGovInfo struct {
InitVotingPower int64 // Voting power of validator when proposal enters voting period
Minus int64 // Minus of validator, used to compute validator's voting power
}
Store:
Proposals
: A mappingmap[int64]Proposal
of proposals indexed by theirproposalID
Deposits
: A mappingmap[[]byte]int64
of deposits indexed by<proposalID>:<depositorPubKey>
as[]byte
. Given aproposalID
and aPubKey
, returns deposit (nil
ifPubKey
has not deposited on the proposal)Options
: A mappingmap[[]byte]string
of options indexed by<proposalID>:<voterPubKey>:<validatorPubKey>
as[]byte
. Given aproposalID
, aPubKey
and a validator'sPubKey
, returns option chosen by thisPubKey
for this validator (nil
ifPubKey
has not voted under this validator)ValidatorGovInfos
: A mappingmap[[]byte]ValidatorGovInfo
of validator's governance infos indexed by<proposalID>:<validatorGovPubKey>
. Returnsnil
if proposal has not entered voting period or ifPubKey
was not the governance public key of a validator when proposal entered voting period.
Proposal Processing Queue
Store:
ProposalProcessingQueue
: A queuequeue[proposalID]
containing all theProposalIDs
of proposals that reachedMinDeposit
. Each round, the oldest element ofProposalProcessingQueue
is checked duringBeginBlock
to see ifCurrentBlock == VotingStartBlock + InitProcedure.VotingPeriod
. If it is, then the application checks if validators inInitVotingPowerList
have voted and, if not, appliesGovernancePenalty
. After that proposal is ejected fromProposalProcessingQueue
and the next element of the queue is evaluated. Note that if a proposal is urgent and accepted under the special condition, itsProposalID
must be ejected fromProposalProcessingQueue
.
And the pseudocode for the ProposalProcessingQueue
:
in BeginBlock do
checkProposal() // First call of the recursive function
// Recursive function. First call in BeginBlock
func checkProposal()
if (ProposalProcessingQueue.Peek() == nil)
return
else
proposalID = ProposalProcessingQueue.Peek()
proposal = load(store, Proposals, proposalID)
initProcedure = load(store, Procedures, proposal.InitProcedureNumber)
if (proposal.Category AND proposal.Votes['Yes']/proposal.InitTotalVotingPower >= 2/3)
// proposal was urgent and accepted under the special condition
// no punishment
ProposalProcessingQueue.pop()
checkProposal()
else if (CurrentBlock == proposal.VotingStartBlock + initProcedure.VotingPeriod)
activeProcedure = load(store, Procedures, ActiveProcedureNumber)
for each validator in CurrentBondedValidators
validatorGovInfo = load(store, ValidatorGovInfos, validator.GovPubKey)
if (validatorGovInfo.InitVotingPower != nil)
// validator was bonded when vote started
validatorOption = load(store, Options, validator.GovPubKey)
if (validatorOption == nil)
// validator did not vote
slash validator by activeProcedure.GovernancePenalty
ProposalProcessingQueue.pop()
checkProposal()
Transactions
Proposal Submission
Proposals can be submitted by any Atom holder via a TxGovSubmitProposal
transaction.
type TxGovSubmitProposal struct {
Title string // Title of the proposal
Description string // Description of the proposal
Type string // Type of proposal. Initial set {PlainTextProposal, SoftwareUpgradeProposal}
Category bool // false=regular, true=urgent
InitialDeposit int64 // Initial deposit paid by sender. Must be strictly positive.
}
State modifications:
- Generate new
proposalID
- Create new
Proposal
- Initialise
Proposals
attributes - Store sender's deposit in
Deposits
- Decrease balance of sender by
InitialDeposit
- If
MinDeposit
is reached:- Push
proposalID
inProposalProcessingQueueEnd
- Store each validator's voting power in
ValidatorGovInfos
- Push
A TxGovSubmitProposal
transaction can be handled according to the following pseudocode
// PSEUDOCODE //
// Check if TxGovSubmitProposal is valid. If it is, create proposal //
upon receiving txGovSubmitProposal from sender do
if !correctlyFormatted(txGovSubmitProposal) then
// check if proposal is correctly formatted. Includes fee payment.
throw
else
if (txGovSubmitProposal.InitialDeposit <= 0) OR (sender.AtomBalance < InitialDeposit) then
// InitialDeposit is negative or null OR sender has insufficient funds
throw
else
sender.AtomBalance -= txGovSubmitProposal.InitialDeposit
proposalID = generate new proposalID
proposal = NewProposal()
proposal.Title = txGovSubmitProposal.Title
proposal.Description = txGovSubmitProposal.Description
proposal.Type = txGovSubmitProposal.Type
proposal.Category = txGovSubmitProposal.Category
proposal.Deposit = txGovSubmitProposal.InitialDeposit
proposal.SubmitBlock = CurrentBlock
store(Deposits, <proposalID>:<sender>, txGovSubmitProposal.InitialDeposit)
activeProcedure = load(store, Procedures, ActiveProcedureNumber)
if (txGovSubmitProposal.InitialDeposit < activeProcedure.MinDeposit) then
// MinDeposit is not reached
proposal.VotingStartBlock = -1
proposal.InitTotalVotingPower = 0
proposal.InitProcedureNumber = -1
else
// MinDeposit is reached
proposal.VotingStartBlock = CurrentBlock
proposal.InitTotalVotingPower = TotalVotingPower
proposal.InitProcedureNumber = ActiveProcedureNumber
for each validator in CurrentBondedValidators
// Store voting power of each bonded validator
validatorGovInfo = NewValidatorGovInfo()
validatorGovInfo.InitVotingPower = validator.VotingPower
validatorGovInfo.Minus = 0
store(ValidatorGovInfos, <proposalID>:<validator.GovPubKey>, validatorGovInfo)
ProposalProcessingQueue.push(proposalID)
store(Proposals, proposalID, proposal) // Store proposal in Proposals mapping
return proposalID
Deposit
Once a proposal is submitted, if Proposal.Deposit < ActiveProcedure.MinDeposit
, Atom holders can send TxGovDeposit
transactions to increase the proposal's deposit.
type TxGovDeposit struct {
ProposalID int64 // ID of the proposal
Deposit int64 // Number of Atoms to add to the proposal's deposit
}
State modifications:
- Decrease balance of sender by
deposit
- Initialize or increase
deposit
of sender inDeposits
- Increase
proposal.Deposit
by sender'sdeposit
- If
MinDeposit
is reached:- Push
proposalID
inProposalProcessingQueueEnd
- Store each validator's voting power in
ValidatorGovInfos
- Push
A TxGovDeposit
transaction has to go through a number of checks to be valid. These checks are outlined in the following pseudocode.
// PSEUDOCODE //
// Check if TxGovDeposit is valid. If it is, increase deposit and check if MinDeposit is reached
upon receiving txGovDeposit from sender do
// check if proposal is correctly formatted. Includes fee payment.
if !correctlyFormatted(txGovDeposit) then
throw
else
proposal = load(store, Proposals, txGovDeposit.ProposalID)
if (proposal == nil) then
// There is no proposal for this proposalID
throw
else
if (txGovDeposit.Deposit <= 0) OR (sender.AtomBalance < txGovDeposit.Deposit)
// deposit is negative or null OR sender has insufficient funds
throw
else
activeProcedure = load(store, Procedures, ActiveProcedureNumber)
if (proposal.Deposit >= activeProcedure.MinDeposit) then
// MinDeposit was reached
throw
else
if (CurrentBlock >= proposal.SubmitBlock + activeProcedure.MaxDepositPeriod) then
// Maximum deposit period reached
throw
else
// sender can deposit
sender.AtomBalance -= txGovDeposit.Deposit
deposit = load(store, Deposits, <txGovDeposit.ProposalID>:<sender>)
if (deposit == nil)
// sender has never deposited on this proposal
store(Deposits, <txGovDeposit.ProposalID>:<sender>, deposit)
else
// sender has already deposited on this proposal
newDeposit = deposit + txGovDeposit.Deposit
store(Deposits, <txGovDeposit.ProposalID>:<sender>, newDeposit)
proposal.Deposit += txGovDeposit.Deposit
if (proposal.Deposit >= activeProcedure.MinDeposit) then
// MinDeposit is reached, vote opens
proposal.VotingStartBlock = CurrentBlock
proposal.InitTotalVotingPower = TotalVotingPower
proposal.InitProcedureNumber = ActiveProcedureNumber
for each validator in CurrentBondedValidators
// Store voting power of each bonded validator
validatorGovInfo = NewValidatorGovInfo()
validatorGovInfo.InitVotingPower = validator.VotingPower
validatorGovInfo.Minus = 0
store(ValidatorGovInfos, <proposalID>:<validator.GovPubKey>, validatorGovInfo)
ProposalProcessingQueue.push(txGovDeposit.ProposalID)
Claiming deposit
Finally, if the proposal is accepted or MinDeposit
was not reached before the end of the MaximumDepositPeriod
, then Atom holders can send TxGovClaimDeposit
transaction to claim their deposits.
type TxGovClaimDeposit struct {
ProposalID int64
}
State modifications: If conditions are met, reimburse the deposit, i.e.
- Increase
AtomBalance
of sender bydeposit
- Set
deposit
of sender inDepositorsList
to 0
And the associated pseudocode
// PSEUDOCODE //
/* Check if TxGovClaimDeposit is valid. If vote never started and MaxDepositPeriod is reached or if vote started and proposal was accepted, return deposit */
upon receiving txGovClaimDeposit from sender do
// check if proposal is correctly formatted. Includes fee payment.
if !correctlyFormatted(txGovClaimDeposit) then
throw
else
proposal = load(store, Proposals, txGovDeposit.ProposalID)
if (proposal == nil) then
// There is no proposal for this proposalID
throw
else
deposit = load(store, Deposits, <txGovClaimDeposit.ProposalID>:<sender>)
if (deposit == nil)
// sender has not deposited on this proposal
throw
else
if (deposit <= 0)
// deposit has already been claimed
throw
else
if (proposal.VotingStartBlock <= 0)
// Vote never started
activeProcedure = load(store, Procedures, ActiveProcedureNumber)
if (CurrentBlock <= proposal.SubmitBlock + activeProcedure.MaxDepositPeriod)
// MaxDepositPeriod is not reached
throw
else
// MaxDepositPeriod is reached
// Set sender's deposit to 0 and refund
store(Deposits, <txGovClaimDeposit.ProposalID>:<sender>, 0)
sender.AtomBalance += deposit
else
// Vote started
initProcedure = load(store, Procedures, proposal.InitProcedureNumber)
if (proposal.Category AND proposal.Votes['Yes']/proposal.InitTotalVotingPower >= 2/3) OR
((CurrentBlock > proposal.VotingStartBlock + initProcedure.VotingPeriod) AND (proposal.Votes['NoWithVeto']/(proposal.Votes['Yes']+proposal.Votes['No']+proposal.Votes['NoWithVeto']) < 1/3) AND (proposal.Votes['Yes']/(proposal.Votes['Yes']+proposal.Votes['No']+proposal.Votes['NoWithVeto']) > 1/2)) then
// Proposal was accepted either because
// Proposal was urgent and special condition was met
// Voting period ended and vote satisfies threshold
store(Deposits, <txGovClaimDeposit.ProposalID>:<sender>, 0)
sender.AtomBalance += deposit
Vote
Once ActiveProcedure.MinDeposit
is reached, voting period starts. From there, bonded Atom holders are able to send TxGovVote
transactions to cast their vote on the proposal.
type TxGovVote struct {
ProposalID int64 // proposalID of the proposal
Option string // option from OptionSet chosen by the voter
ValidatorPubKey crypto.PubKey // PubKey of the validator voter wants to tie its vote to
}
State modifications:
- If sender is not a validator and validator has not voted, initialize or increase minus of validator by sender's
voting power
- If sender is not a validator and validator has voted, decrease
proposal.Votes['validatorOption']
by sender'svoting power
- If sender is not a validator, increase
[proposal.Votes['txGovVote.Option']
by sender'svoting power
- If sender is a validator, increase
proposal.Votes['txGovVote.Option']
by validator'sInitialVotingPower - minus
(minus
can be equal to 0)
Votes need to be tied to a validator in order to compute validator's voting power. If a delegator is bonded to multiple validators, it will have to send one transaction per validator (the UI should facilitate this so that multiple transactions can be sent in one "vote flow").
If the sender is the validator itself, then it will input its own GovernancePubKey as ValidatorPubKey
Next is a pseudocode proposal of the way TxGovVote
transactions can be handled:
// PSEUDOCODE //
// Check if TxGovVote is valid. If it is, count vote//
upon receiving txGovVote from sender do
// check if proposal is correctly formatted. Includes fee payment.
if !correctlyFormatted(txGovDeposit) then
throw
else
proposal = load(store, Proposals, txGovDeposit.ProposalID)
if (proposal == nil) then
// There is no proposal for this proposalID
throw
else
initProcedure = load(store, Procedures, proposal.InitProcedureNumber) // get procedure that was active when vote opened
validator = load(store, Validators, txGovVote.ValidatorPubKey)
if !initProcedure.OptionSet.includes(txGovVote.Option) OR
(validator == nil) then
// Throws if
// Option is not in Option Set of procedure that was active when vote opened OR if
// ValidatorPubKey is not the GovPubKey of a current validator
throw
else
option = load(store, Options, <txGovVote.ProposalID>:<sender>:<txGovVote.ValidatorPubKey>)
if (option != nil)
// sender has already voted with the Atoms bonded to ValidatorPubKey
throw
else
if (proposal.VotingStartBlock < 0) OR
(CurrentBlock > proposal.VotingStartBlock + initProcedure.VotingPeriod) OR
(proposal.VotingStartBlock < lastBondingBlock(sender, txGovVote.ValidatorPubKey) OR
(proposal.VotingStartBlock < lastUnbondingBlock(sender, txGovVote.ValidatorPubKey) OR
(proposal.Category AND proposal.Votes['Yes']/proposal.InitTotalVotingPower >= 2/3) then
// Throws if
// Vote has not started OR if
// Vote had ended OR if
// sender bonded Atoms to ValidatorPubKey after start of vote OR if
// sender unbonded Atoms from ValidatorPubKey after start of vote OR if
// proposal is urgent and special condition is met, i.e. proposal is accepted and closed
throw
else
validatorGovInfo = load(store, ValidatorGovInfos, <txGovVote.ProposalID>:<validator.ValidatorGovPubKey>)
if (validatorGovInfo == nil)
// validator became validator after proposal entered voting period
throw
else
// sender can vote, check if sender == validator and store sender's option in Options
store(Options, <txGovVote.ProposalID>:<sender>:<txGovVote.ValidatorPubKey>, txGovVote.Option)
if (sender != validator.GovPubKey)
// Here, sender is not the Governance PubKey of the validator whose PubKey is txGovVote.ValidatorPubKey
if sender does not have bonded Atoms to txGovVote.ValidatorPubKey then
// check in Staking module
throw
else
validatorOption = load(store, Options, <txGovVote.ProposalID>:<sender>:<txGovVote.ValidatorPubKey)
if (validatorOption == nil)
// Validator has not voted already
validatorGovInfo.Minus += sender.bondedAmounTo(txGovVote.ValidatorPubKey)
store(ValidatorGovInfos, <txGovVote.ProposalID>:<validator.ValidatorGovPubKey>, validatorGovInfo)
else
// Validator has already voted
// Reduce votes of option chosen by validator by sender's bonded Amount
proposal.Votes['validatorOption'] -= sender.bondedAmountTo(txGovVote.ValidatorPubKey)
// increase votes of option chosen by sender by bonded Amount
proposal.Votes['txGovVote.Option'] += sender.bondedAmountTo(txGovVote.ValidatorPubKey)
else
// sender is the Governance PubKey of the validator whose main PubKey is txGovVote.ValidatorPubKey
// i.e. sender == validator
proposal.Votes['txGovVote.Option'] += (validatorGovInfo.InitVotingPower - validatorGovInfo.Minus)
Future improvements (not in scope for MVP)
The current documentation only describes the minimum viable product for the governance module. Future improvements may include:
BountyProposals
: If accepted, aBountyProposal
creates an open bounty. TheBountyProposal
specifies how many Atoms will be given upon completion. These Atoms will be taken from thereserve pool
. After aBountyProposal
is accepted by governance, anybody can submit aSoftwareUpgradeProposal
with the code to claim the bounty. Note that once aBountyProposal
is accepted, the corresponding funds in thereserve pool
are locked so that payment can always be honored. In order to link aSoftwareUpgradeProposal
to an open bounty, the submitter of theSoftwareUpgradeProposal
will use theProposal.LinkedProposal
attribute. If aSoftwareUpgradeProposal
linked to an open bounty is accepted by governance, the funds that were reserved are automatically transferred to the submitter.- Complex delegation: Delegators could choose other representatives than their validators. Ultimately, the chain of representatives would always end up to a validator, but delegators could inherit the vote of their chosen representative before they inherit the vote of their validator. In other words, they would only inherit the vote of their validator if their other appointed representative did not vote.
ParameterProposals
andWhitelistProposals
: These proposals would automatically change pre-defined parameters and whitelists. Upon acceptance, these proposals would not require validators to do the signal and switch process.- Better process for proposal review: There would be two parts to
proposal.Deposit
, one for anti-spam (same as in MVP) and an other one to reward third party auditors.