Referendum #300

Proof of Chaos Funding

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802KSM
Status
Decision14d
Confirmation1d
Attempts
4
Tally
50.3%Aye
50.0%Threshold
49.7%Nay
Aye
β‰ˆ143.55KKSM
Nay
β‰ˆ141.6KKSM
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support(0.71%)
β‰ˆ99.44KKSM
Issuance
β‰ˆ13.91MKSM
Votes
Nested
Flattened
Calls
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  • Timeline12
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Just to make sure that everyone understands how the Confirmation Period works:

Proposals that drop below 50% aye during the confirmation period are rejected right away

This is not an accurate statement – a referendum enters the Confirmation Period when it meets the Support (turnout) and Approval (ayes vs nays) criteria.

The referendum must continue to meet these parameters during the entire confirmation period.

If it does not, then it is returned to the decision period. In the case of ref 291 the decision period ended during the confirmation period - this meant that when the referendum fell below 50% approval it was instantly rejected as the decision period had ended.

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