Voting

Proposals for the DAO to act are submitted to the DAO for a vote.

Plano employs a system of quorum voting where a certain threshold of voters is required in order for a proposal to pass (currently: 60% quorum, which means 60% of the voting power needs to vote). Once this threshold has been met, whichever decision has more votes wins. Without reaching the quorum threshold, proposals fail.

Voting rights are awarded proportionally to holders of PLANO tokens.