# Governance

## Proposal Process

### Types of Proposals

* Koinos Garden Launch Proposals (KGLP) are investment proposals generally created by the founders and financed by the DAO.
* Koinos Garden Community Proposals (KGCP) are community proposals that serve to raise funds for marketing, listings and any other community initiative related to the Koinos blockchain ecosystem.

{% hint style="info" %}
Community initiatives must use the KGLP form. Access the forms from our [website](https://koinosgarden.com/).
{% endhint %}

* Koinos Garden Improvement Proposals (KGIP) are proposals that affect the governance of the protocol. They can only be created by DAO members or the Treasury Council.

{% hint style="info" %}
KGPI encompasses investment proposals that involve a change in the protocol or affect the use of treasury funds. Yield Farming, for example. Access the forms from our DApp.
{% endhint %}

<figure><img src="https://3476310383-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FmwecthoJLbtL5MygCE58%2Fuploads%2FlEiJLNrxUzgQ3XVLuxbU%2FKoinos%20Garden%20Proposals.png?alt=media&#x26;token=c4569f0d-59f2-4d51-a6c7-b091aa1858d1" alt=""><figcaption></figcaption></figure>

## Voting Rights

### How are voting rights determined?

All members holding an NFT have voting power.

### How do members vote?

Through the Koinos Garden DApp.

### Can a member delegate his or her voting rights?

Members are not required to vote on all proposals. Any member may delegate his or her voting rights.

### Is it possible to cancel and/or re-delegate your voting rights?

Yes.

### **Does delegating voting rights on investment proposals affect a member's right to proceeds?**

N&#x6F;*.*

## Due Diligence

### How does due diligence work?

First, the founders expose an initial draft to the community. Subsequently, DAO members perform due diligence.

### Is there a temperature check voting?

No. The temperature check is based on informal discussions in our Discord channel.

## Governance Consensus

### How much does each vote weigh?

*One NFT, One vote.*

### What is the acceptance threshold for each proposal?

KGIP and KGLP proposals need a quorum of 30% with at least 51% acceptance to be formalized.