🔢Parameters

Governance parameters

Parameters outlined below can be modified through community governance.

Base/Optimism/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	1,000,000	200,000
Quorum	100,000,000	10,000,000
Voting Period	3 days	3 days
Voting Delay	1 minute	None
Cross-Chain Vote Collection Period	1 day
Max. Live Proposals per Address	5

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.