Skip to main content

SanchoNet governance actions

CIP-1694 describes seven types of governance actions.

1. Motion of no-confidenceA motion to create a state of no-confidence in the current constitutional committee
2. New constitutional committee and/or threshold and/or term limitsModifications to the members of the constitutional committee, signature threshold, or term limits
3. Updates to the constitutionModifications to the off-chain constitution, recorded as an on-chain hash of the text document
4. Hard fork initiationA non-backward compatible upgrade of the network, which requires a prior software upgrade
5. Protocol parameter changesAny change to one or more updatable protocol parameters, excluding changes to major protocol versions ('hard forks')
6. Treasury withdrawalsTreasury withdrawals are sub-categorized into small, medium, or large and are determined by the amount of lovelace to be withdrawn.
7. InfoAn action that doesn't have any on-chain impact except for being recorded on-chain.

Each type of governance action represents a distinct feature within cardano-node and cardano-cli. As such, they will be rolled out in phases, coinciding with the integration of each feature.

Check out the Tutorials and Voting on governance actions to learn how to create and vote on governance actions.