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title: Governance action | ||
tags: | ||
- Voltaire | ||
- Governance action | ||
url: "" | ||
image: "" | ||
image_text: "" | ||
--- | ||
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A Governance Action is a proposal that gets submitted On-Chain for voting. It is an on-chain event triggered by a transaction. Governance actions have an expiration period, after which the action cannot be enacted. | ||
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Any ada holder can submit a governance action for a vote on-chain. Once the action is recorded on the ledger, voters submit voting transactions. |