The process of creating proposals within Octus Bridge requires staking at least 100,000 BRIDGE tokens. Subsequently, the proposal undergoes review, evaluating its network usefulness and technical feasibility. Once verified, the proposal proceeds to the voting stage.
Voting is open to stakeholders with BRIDGE tokens, with the weight of each vote influenced by the voter's token quantity. Voting options encompass For, Against, and Abstain. Vote weight remains dynamic throughout the voting period based on changes in the voter's BRIDGE balance.
After voting concludes, proposals are designated as Accepted, Rejected, or Canceled. Accepted proposals advance to implementation, where the technical solution is approved, and system enhancements are planned.
The voting process operates transparently, enabling public access to vote distribution information.