Proposal Voting
Aura relies on community-driven governance to ensure high-quality and relevant prediction markets. Proposals submitted by community members undergo a transparent review and approval process, guided by the votes of users staking $AURA tokens.
How Proposals Are Reviewed and Approved
When a new market proposal is submitted, the community evaluates its quality and relevance through a structured voting process:
Proposal Submission:
Users submit a proposal with a clear market question, end time, market rules, and a 3 Alephium deposit.
Voting Period:
Proposals enter a 24-hour community voting window.
During this period, eligible voters evaluate and vote on each proposal.
Approval Criteria:
While proposals with the most votes in the 24-hour window are prioritized, the system also considers the platform’s current state – including the total number of markets already active, the average daily trading volume, and the number of active proposals – when determining how many proposals to approve. This ensures new markets are added at a sustainable pace based on platform activity.
Rejected Proposals:
Proposals that do not meet the approval criteria (due to insufficient votes or platform limits) are rejected, and the initial 3 ALPH deposit is refunded to the proposer minus any transactions costs.
Voting Weight by Tier
Your ability to influence proposal approvals depends directly on your staking tier. Higher tiers yield greater voting power:
Degenerate
30 weight
1,000,000 $AURA
Diamond
22 weight
833,333 $AURA
Platinum
16 weight
666,667 $AURA
Gold
11 weight
500,000 $AURA
Silver
7 weight
333,333 $AURA
Bronze
3 weight
166,667 $AURA
Iron
1 weight
60,000 $AURA
None
0 weight
<60,000 $AURA
Higher tiers grant significantly more voting power, incentivizing larger community contributions and higher engagement.
Users without any staked tokens ("None" tier) cannot vote on proposals, ensuring meaningful governance participation.
Last updated