Renergy Blockchain operates with a fully on-chain, decentralized governance system. This model enables RNGY token holders to propose changes, vote on decisions, and directly influence how the protocol evolves.
This section explains how governance functions on Renergy and how the rules are defined at the protocol level.
📍 What Is On-Chain Governance?
On-chain governance allows participants who have staked RNGY to take part in important network decisions, including:
⚙️ Adjusting protocol parameters (inflation, block size, halving schedules)
🔄 Approving protocol and software upgrades
💰 Allocating funds from the community treasury
📝 Submitting non-technical or signaling proposals
Voting power is weighted by stake, and proposals that pass are executed automatically by the blockchain—removing the need for off-chain coordination.
🔁 Governance Process Overview
📝 1. Submitting a Proposal
Any network participant may submit a proposal by locking a minimum deposit of 10,000 RNGY.
Supported proposal categories include:
Software or network upgrades
If the required deposit is not met within the deposit window, the proposal expires and is removed.
💰 2. Deposit Phase
Minimum Deposit: 10,000 RNGY
Base Denomination: arenergy
(1 RNGY = 10¹⁸ arenergy)
Community members may contribute additional tokens to help reach the deposit threshold.
🗳️ 3. Voting Phase
Once the minimum deposit is reached, the proposal enters voting.
Standard Voting Period: 48 hours
Expedited Voting Period: 24 hours
Voting options:
Only staked RNGY is eligible for voting. Delegators automatically inherit their validator’s vote but may override it manually.
📊 4. Vote Tally & Conditions
A proposal is considered approved if all conditions below are met:
Quorum: At least 33.4% of total staked RNGY participates
Approval Threshold: More than 50% of non-abstain votes are “Yes”
Veto Limit: Less than 33.4% vote “NoWithVeto”
If the veto threshold is exceeded, the proposal fails and the deposit is burned.
Once approved, proposals are enforced automatically:
Protocol parameters are updated
Treasury transfers are executed
Network upgrades are scheduled
No manual intervention is required.
⚙️ Governance Configuration Parameters
All governance values are defined at genesis level.
💼 Deposit Rules
Expedited Minimum Deposit
🗳️ Voting Rules
📈 Tally Conditions
Proposal Cancellation Ratio
🔥 Deposit Burning Conditions
Deposit burning only applies in specific cases:
This mechanism helps prevent spam and malicious proposals.
⛔ Proposal Cancellation
Proposals may be canceled if 50% or more of voting power agrees.
No refund address is defined, so standard cancellation rules apply.
✅ Governance Summary
50% Yes (excluding abstain)
💡 Community Notes
RNGY must be staked to participate in governance
Delegators inherit validator votes by default
Voting power scales with the amount staked
All deposits and votes use the smallest unit: arenergy
Governance on Renergy is designed to be transparent, automated, and community-driven—ensuring the protocol evolves through collective decision-making.
