> For the complete documentation index, see [llms.txt](https://token.metasignals.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://token.metasignals.io/tokenomics/vote-escrow-governance/voting-and-proposals.md).

# Voting & Proposals

{% hint style="info" %}
The values and parameters on this page are preliminary and subject to change before launch.
{% endhint %}

veMSIG holders have the power to shape the future of Meta Signals through on-chain governance voting. This page explains how voting works, what can be governed, and how to participate effectively.

## Voting Rights

**veMSIG holders** can vote on governance proposals that determine the direction of Meta Signals. Voting power is directly proportional to the veMSIG balance.

<table><thead><tr><th width="254">Aspect</th><th>Details</th></tr></thead><tbody><tr><td><strong>Eligibility</strong></td><td>Must hold veMSIG (locked MSIG tokens)</td></tr><tr><td><strong>Vote Weight</strong></td><td>Equal to veMSIG balance at snapshot time</td></tr><tr><td><strong>Calculation</strong></td><td>One locked token = one vote × duration multiplier</td></tr></tbody></table>

## Proposal Process

Meta Signals governance follows a phased approach, starting with team-controlled proposals and transitioning toward full community governance over time.

<table><thead><tr><th width="211.4000244140625">Aspect</th><th width="220.7999267578125">Current Phase</th><th>Future Phase</th></tr></thead><tbody><tr><td><strong>Proposal Submission</strong></td><td>Team only</td><td>Community (with veMSIG threshold)</td></tr><tr><td><strong>Discussion</strong></td><td>Governance forum</td><td>Governance forum</td></tr><tr><td><strong>Voting</strong></td><td>On-chain</td><td>On-chain</td></tr><tr><td><strong>Execution</strong></td><td>Team executes</td><td>Timelock + automatic</td></tr></tbody></table>

### Current Phase (Initial)

1. **Team submits** formal proposals for community vote
2. **Community discusses** ideas in the governance forum
3. **Team evaluates** which ideas become formal proposals
4. **veMSIG holders vote** on-chain to approve or reject

### Future Phase (Transition)

As the system matures, governance will progressively decentralize:

* Community members can submit proposals directly
* **Minimum veMSIG threshold** required to create proposals
* **Timelock mechanism** delays execution for security review
* Automatic execution of approved proposals

{% hint style="warning" %}
During the initial phase, the team retains proposal submission rights to ensure system security and stability. Community governance will be progressively decentralized over time.
{% endhint %}

## What Can Be Governed

veMSIG holders can vote on a wide range of platform decisions across several categories.

<table><thead><tr><th width="244.39990234375">Category</th><th>Examples</th></tr></thead><tbody><tr><td><strong>Revenue Allocation</strong></td><td>Adjust buyback/company splits within approved ranges</td></tr><tr><td><strong>Feature Priorities</strong></td><td>Vote on which features to build next</td></tr><tr><td><strong>Treasury Deployment</strong></td><td>Approve strategic burns, extra rewards, partnerships</td></tr><tr><td><strong>Parameter Changes</strong></td><td>Staking thresholds, multiplier ranges</td></tr><tr><td><strong>Partnerships</strong></td><td>Approve major integrations and collaborations</td></tr></tbody></table>

### Proposal Passing Criteria

For a governance proposal to be **considered valid**, it must meet two conditions:

* **Quorum:** 30% of total veMSIG must vote
* **Majority:** 51% of voters must approve

{% hint style="warning" %}
If quorum is not met, the vote is invalid, even if a majority voted "Yes."

If quorum is met but less than 51% vote "Yes," the proposal fails.
{% endhint %}