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How Voting Works in the TokenTrip DAO

Our governance system is designed to be both secure and representative, ensuring that important decisions have significant community backing. It's based on a "one token, one vote" principle, but with two critical safeguards: Quorum and Approval Threshold.

A proposal must meet both of these conditions to be approved.

1. Quorum Threshold​

A quorum is the minimum percentage of the total TKT token supply that must participate in a vote for it to be considered valid. This prevents proposals from passing with very low voter turnout.

  • TokenTrip's Quorum: 4%
  • Example: If the total supply of TKT is 1 billion, at least 40 million TKT (4% of 1B) must be used to vote (either "For" or "Against") for the proposal to be eligible for approval. If total votes are less than this, the proposal fails automatically, regardless of the outcome.

2. Approval Threshold​

An approval threshold is the minimum percentage of votes cast that must be "For" the proposal to pass. This ensures there is clear consensus among the participants.

  • TokenTrip's Approval Threshold: 66% (a two-thirds supermajority)
  • Example: If a proposal meets the 4% quorum with a total of 50 million TKT votes cast, at least 33 million TKT (66% of 50M) must vote "For" for the proposal to be approved. If it gets 32 million "For" votes and 18 million "Against" (a simple majority but less than 66%), the proposal fails.

This dual-condition system ensures that approved proposals reflect a significant and decisive consensus from the community.