As the GIVeconomy evolves so should its configuration. Parameters within the GIVgarden will be able to be modified during deployment. In this module you will need to define the voting requirements for any proposal to alter the GIVgarden on-chain configuration.

Modifying the GIVgarden

Tao Voting is the voting application by which the GIVers can modify the economic and governance settings of the GIVgarden. It is a very powerful voting application that is capable of performing many high-impact Decisions, for example:

• Install and remove Aragon Applications
• Modify the parameters of all existing Applications
• Remove GIV from the Common Pool

Since there is only one set of voting parameters for all GIVgarden components, well-thought out thresholds for passing proposals in Tao Voting are critical to ensure the GIVgarden architecture remains uncompromised.

Tao Voting is an upgraded version of a normal DAO Voting app with familiar parameters such as Support Required, Minimum Quorum, Execution Delayand Vote Duration.

Tao Voting also comes with two new concepts: Delegation and Quiet Ending.

Delegation

GIV holders can delegate their Tao Voting powers to another member who will cast votes on their behalf, these members become delegates. Delegates can only vote during the Delegate Voting Period, which is a specified amount of time at the beginning of the voting process. If a delegate votes contrary to their delegator the delegator can veto the delegated vote and cast their vote themselves. Any voter, delegate or otherwise, can only vote ONCE.

Quiet Ending

In the latter portion of the Vote Duration there’s a designated Quiet Ending Period (QEP). If during this period the vote outcome is flipped the Quiet Ending Extension (QEE) will trigger. The QEE will add more time to the voting period, giving eligible members who have not yet voted more time to do so. If the vote outcome flips again during QEE then another QEE will trigger, adding more time to vote. Voting closes only when the QEP or QEE ends without the vote outcome flipping.

You decide:

• Normal DAO Voting settings
• The amount of time Delegates are allowed to vote
• How long to listen for a change of outcome
• The amount of time that can be added for voting

If you need more information please check the links below: