How to Vote in Governance

Participate in Platform Governance

Use your XOM to vote on proposals that shape OmniBazaar's future.

Step 1: Access Governance

Click "Governance" in main menu

Step 2: Browse Proposals

See all active proposals:

• Title and summary
• Current vote tallies
• Time remaining
• Your voting power

Step 3: Read Full Proposal

Click any proposal to see:

• Detailed description
• Rationale
• Expected impact
• Implementation timeline
• Discussion thread

Step 4: Join Discussion

Before voting, participate in discussion:

• Read other perspectives
• Ask questions
• Share your views
• Consider all angles

Step 5: Cast Your Vote

1. Click "Vote" button
2. Choose "For", "Against", or "Abstain"
3. Your voting power is shown (1 XOM = 1 vote, staked XOM = 2 votes)
4. Optionally add comment explaining your vote
5. Click "Submit Vote"
6. Confirm transaction in wallet

Step 6: Track Proposal

After voting:

• Watch vote progress
• See updated tallies in real-time
• Get notified when voting ends
• See final results

Proposal Types

• Standard: Requires 50% approval
• Major Changes: Requires 66% supermajority
• Emergency: Shorter voting period
• Treasury: How protocol fees are distributed on-chain (this is separate from ODDAO's own development treasury)

Quorum Requirements

For vote to be valid:

• At least 10% of total XOM must participate
• If quorum not met, proposal fails regardless of vote split

Creating Proposals

To submit your own proposal:

1. Must hold minimum 100,000 XOM
2. Draft proposal in forum first
3. Get community feedback
4. Submit formal proposal
5. Pay proposal fee (refunded if passes)