III.II.II Proposals

The TTG has three types of proposals: (1) Standard Proposals, (2) POWER Threshold Proposals, and (3) ZERO Threshold Proposals.

The use of threshold in the terminology represents a yes threshold, meaning that the threshold percentage of yes votes must be reached in order for the proposal to pass. A proposal that requires a threshold never explicitly fails (although it will eventually expire), but cannot be executed without reaching the requisite number of yes votes.

For example, if a proposal requires a 10% yes threshold, it will pass as soon as 10% of the relevant token supply has voted yes. If this proposal never reaches 10% of the relevant token supply voting yes, it will expire without passing.

These proposal types are described next in further detail.