Ratification
Cardano’s Voltaire - Glossary: key terms explained
Governance actions are ratified through on-chain voting actions. While different kinds of governance actions have different requirements, ratification always involves two of the three governance bodies (DReps, Constitutional Committee, and SPOs), except for a hard-fork initiation, which requires ratification by all governance bodies.
Depending on the type of governance action, an action will be ratified when a combination of the following occurs:
the Constitutional Committee (CC) approves of the action (the number of 'Yes' votes meets the CC’s threshold)
the DReps approve of the action (the stake controlled by the DReps who vote 'Yes' meets a certain threshold of the total active voting stake)
the SPOs approve of the action (the stake controlled by the SPOs who vote 'Yes' meets a certain threshold over the total registered voting stake)
The ratification period is the time that elapses between a governance action being submitted and its ratification.
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