🔢Parameters

Governance parameters

Parameters outlined below can be modified through community governance.

Base/Moonbeam (WELL) Parameters

Onchain Proposals (MIPs)

Snapshot Voting

Description

Changes to the core codebase of the protocol

Signal voting and changes not related to core protocol parameters

Proposal Threshold

400,000

200,000

Quorum

100,000,000

10,000,000

Voting Period

3 days

3 days

Voting Delay

1 minute

None

Moonriver (MFAM) Parameters

Onchain Proposals (MIPs)

Snapshot Voting

Description

Changes to the core codebase of the protocol

Signal voting and changes not related to core protocol parameters

Proposal Threshold

500,000

250,000

Quorum

40,000,000

5,000,000

Voting Period

3 days

3 days

Voting Delay

1 minute

None

Glossary

Proposal Threshold - The minimum number of votes required for an account to create a proposal.

Quorum - The required minimum number of votes in support of a proposal for it to succeed.

Voting Period - The duration of voting on a proposal

Voting Delay - The amount of time to wait before voting on a proposal may begin.

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