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          • II.I.III Cancel and Freeze
          • II.I.IV Retrieving Free Collateral
          • II.I.V The Earn Mechanism
          • II.I.VI Removing a Permissioned Actor
          • II.I.VII Example Interactions and Flows
        • II.II Governance Controlled Protocol Actors
        • II.III Governance Controlled Protocol Parameters
      • III. Governance
        • III.I Inputs
        • III.II Operation
          • III.II.I Epochs
          • III.II.II Proposals
            • III.II.II.I Standard Proposals
            • III.II.II.II POWER Threshold Proposals
            • III.II.II.III ZERO Threshold Proposals
            • III.II.II.IV Proposal Matrix
          • III.II.III Checkpoints and Voting
          • III.II.IV Proposing
          • III.II.V Inflation Mechanics
          • III.II.VI Dutch Auction
          • III.II.VII Delegation
          • III.II.VIII ZERO Claiming of Residual Value
        • III.III Governance Controlled TTG Parameters
        • III.IV Immutable TTG Parameters
        • III.V Immutable POWER Parameters
        • III.VI Immutable ZERO Parameters
      • IV. The M0 Economy
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        • V.I Guidance
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    • Adopted Guidance
      • Adopted Guidance v1.30
        • 1. Description of the Adopted Guidance
          • 1.1. Purpose of the Adopted Guidance
          • 1.2. Change Process for the Adopted Guidance
        • 2. Ecosystem Description
          • 2.1. Actors
          • 2.2. Mandatory Contracts
          • 2.3. Duty of Transparency
          • 2.4. Core Operational Flows
            • 2.4.1. Update Collateral Process
            • 2.4.2. Minting M
            • 2.4.3. Retrieval of Collateral
          • 2.5. High-Risk Jurisdictions
        • 3. Eligible Collateral
          • 3.1. Criteria for Eligible Collateral
          • 3.2. Valuation Policy for Eligible Collateral
          • 3.3. Collateral Storage
          • 3.4. Approved Jurisdictions
            • 3.4.1. Bankruptcy Remoteness
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            • 3.4.3. Priority of Payments and Subordination
            • 3.4.4. Regulatory Compliance
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        • 4. SPV Operators
          • 4.1. Contact Information of Currently Approved SPV Operators
          • 4.2. Eligibility Criteria for Approved SPV Operators
          • 4.3. Obligations of SPV Operators
            • 4.3.1. Obligations in the Normal Course of Business
            • 4.3.2. Obligations Outside of the Normal Course of Business
              • 4.3.2.1. Amicable Wind Down Process
              • 4.3.2.2. Non-Amicable Wind Down Process
              • 4.3.2.3. Minter Insolvency
              • 4.3.2.4. Unauthorized Termination of Minter – SPV Operator Agreement
            • 4.3.3. Operational Obligations of SPV Operators
              • 4.3.3.1. Co-signature of the SPV for significant payments
              • 4.3.3.2. Cooperation with Validators
              • 4.3.3.3. Maintenance of Administrative Buffer
              • 4.3.3.4. No Wire Back Instructions
          • 4.4. Guidelines for Submission of Approval Requests
        • 5. Validators
          • 5.1. Contact Information of Currently Permissioned Validators
          • 5.2. Eligibility Criteria for Permissioned Validators
          • 5.3. Obligations of Validators
          • 5.4. Guidelines for Submission of Permissioning Requests
        • 6. BD Minters and Minters
          • 6.1. Contact Information of Currently Permissioned Minters
          • 6.2. Eligibility Criteria for Permissioned Minters
          • 6.3. Obligations of Minters
          • 6.4. BD Minter and Minter Compliance Requirements
          • 6.5. Guidelines for Submission of Permissioning Requests
        • Adopted Guidance PDF Version
      • Adopted Guidance v1.20 (deprecated)
        • Adopted Guidance PDF Version
    • Glossary
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  • Technical Documentation
    • Protocol Technical Specification
      • Main Invariants
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        • Protocol Variables Controlled by TTG
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        • Protocol Core Functions
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          • Interest Rate Models
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    • TTG Technical Specification
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        • 1. Registrar
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        • 2. TTG Governors
          • Matrix Of TTG Proposals
          • 2.1 Standard Governor
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          • 2.2 Emergency Governor
            • Emergency Governor Variables And Getters
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            • Core functions
              • propose(targets[], values[], callDatas[], description): proposalId
              • castVote(proposalId, support): weight
              • castVotes(proposalIds[], supports): weight
              • execute(targets[], values[], callDatas[], description): proposalId
              • setThresholdRatio(newThresholdRatio)
              • getProposal(proposalId)
              • state(proposalId)
            • Core Governance Proposals
          • 2.3 ZERO Governor
            • Variables And Getters
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        • 3. POWER Token
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    • Source Code Reference
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Copyright 2025 M0 Foundation

On this page
  1. Core Documentation
  2. Whitepaper
  3. III. Governance
  4. III.II Operation
  5. III.II.II Proposals

III.II.II.II POWER Threshold Proposals

A POWER Threshold Proposal requires a set vote threshold for immediate execution, used for urgent or important changes in M0 Governance.

A POWER Threshold Proposal can be used to submit anything which would otherwise be a Standard Proposal, except it requires a POWER Threshold and is immediately votable and subsequently immediately executable rather than only being votable and executable in the future epochs.

For this reason, POWER holders are likely to use this proposal type in the case of an urgent or emergency situation. If a POWER Threshold has not been reached before the proposal expires, the proposal cannot be executed. POWER Threshold Proposals expire at the end of the next epoch.

Example

During the Transfer Period a POWER Threshold Proposal is made to change Minter Rate, which requires a POWER Threshold due to it being an POWER Threshold Proposal. The POWER Threshold is set to 75%. The proposal becomes immediately votable and a full 100% of the POWER supply chooses to participate – 80% vote affirmatively. This proposal has passed and is instantly executable upon the POWER Threshold being met. This is because it achieved yes votes from greater than 75% of the POWER supply (100% * 80% = 80% yes). Note that the proposal very well could have gone on to accumulate more yes votes, but was likely executed immediately or soon after meeting the POWER Threshold.

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Last updated 1 year ago