Governance and Voting

The governance model requires a holder of the XBE token to lockup their token/tokens in order to receive their proportional veXBE. With veXBE, users' are able to put forward proposals on the governance forum as well as participate in on-chain voting of proposals.
Voting requirements:
veXBE and Quorum.
As XBE finance is a sufficiently decentralised protocol, any community member may propose protocol changes. Below are the rules of proposal acceptance:
20% of veXBE is needed to vote in order to achieve quorum ie. The vote is valid when a minimum of 20% of veXBE has voted on it.
Majority of votes required to pass.
Proposals must be listed on gov.xbe.finance
Snapshot (https://snapshot.org/#/xbefinance.eth) vote must link to the https://gov.xbe.finance proposal
A minimum of 24 hours must be given to the proposal prior to start to allow community contribution, and a vote must run for a minimum of 48 hours. More time is better.
History of governance and voting
​XIP1 (XBE improvement proposal 1), was put forward by the team 3 May 2021 and accepted by the holders of XBE on 28 May 2021.
​XIP2 ​
​XIP3 (Bug Bounty Proposal)​
​XIP4 (Hive Test Allocation)​

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Voting requirements:

History of governance and voting