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Chiliz Chain Developer Docs
Chiliz ChainBlock ExplorerCommunitySocios.com
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  • Chiliz Chain developer docs
  • Quick Start
    • Chiliz Chain in a nutshell
    • Connect to Mainnet and Testnet
    • Deploy and verify a contract
      • Deploy with Remix IDE
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    • About Chiliz Chain
      • Tokenomics
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    • About Wallets
      • How to use MetaMask
        • Install MetaMask
        • Link Chiliz Chain to MetaMask
      • How to use a multisig wallet (Safe)
    • About Bridging
      • Using Dcentralab's Chainport
      • Using Chiliz Bridge
      • Bridging stablecoins
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    • About Staking
      • Stake your CHZ
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      • Staking Rewards
      • Stake CHZ from your Ledger
      • Chiliz Staking FAQ
    • About Validators
      • Defining Validators and Delegators
      • Why Become a Validator
      • How to Become a Validator
      • Running a Validator node
      • How to Stop Being a Validator
      • About Validator slashing
    • About Fan Tokens
      • 2023 Migration of Fan Tokens to Chiliz Chain
    • About Stablecoins
      • Stablecoins on Chiliz Chain
    • Glossary
      • Blockchain
      • Consensus mechanisms
      • Governance
      • Validator
      • Staking
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      • CAP-20
      • Wrapped CHZ (wCHZ)
  • Develop
    • Basics
      • Connect to Chiliz Chain
        • Connect using RPC
        • Run a Chiliz Chain Node
        • Use a hardware wallet
      • Block Explorers
      • Testnet Faucet
        • Obtain testCHZs with Tatum Faucet
      • Use Wrapped CHZ
      • How-Tos
        • How to get the balance of a wallet
        • How to get the history of a wallet
        • How to get the metadata of a specific NFT
      • Tips & Tricks
    • Advanced
      • How to integrate Socios Wallet in your dApp
      • How to use Account Abstraction
      • How to get the USD price of Fan Tokens
      • How to generate random numbers
      • How to follow transfers of a Fan Token
      • How to create Telegram notifications for Fan Token transfers
      • How to estimate gas fees
    • Chiliz Chain API
    • Developers FAQ
  • Community
    • Chiliz Chain Ecosystem
      • Developer Tools
        • Ankr
        • Azuro
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      • Custody solutions
        • Cobo
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    • Developers events
      • Chiliz Sports Hackathon - July 2024
        • Setting The Stage
        • Getting Started
        • Mission Brief & Key Dates
        • The Prize Money
        • Theme & Intro
        • Tracks, Requirements, Regulations & Scoring Criteria
        • The Process
        • Disclaimers
        • Useful information
      • ETHGlobal Bangkok Hackathon 2024
      • ETHGlobal Istanbul Hackathon 2023
      • ETHGlobal London Hackathon 2024
      • ETHGlobal Online Hackathon Summer 2024
      • Hacking Poland 2025
      • Lumx Hack powered by ETH Rio
  • Chiliz Chain Changelog
    • Governance Proposals & Decisions
      • February 2025: New validator proposals
      • December 2024: Governance Update Proposals
      • May 2024: Dragon 8 (Tokenomics 2.0) Proposal
      • 2024 Dragon8 hard fork announcement
    • Blockchain code changes
    • Outage reports
      • Details on the May 21st outage
  • Doc Updates
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  • Overview
  • Consensus params
  • BSC compatibility

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  2. Glossary

Governance

Overview

The governance system contract is based on the default implementation of the Compound’s Alpha governance, where voting power depends on the total delegated amount of the validator. The validator’s owner is responsible for voting in favour of or against the proposals on governance. Presently, the required quorum to be reached is ⅔.

Under which circumstances is the proposal applied?

Chiliz implements the default Compound’s Alpha governance, where voting power is distributed amongst validators' owners based on their total delegated amount. Once a quorum of ⅔ is reached, a proposal can be applied.

This governance is fully compatible with the compound's version. However, it has only one improvement: it allows proposal creation with a custom voting period.

For some methods, it is important to have a shorter voting period. For example, when some emergency actions need to be applied. To achieve this, we can extend the original implementation by adding the method proposeWithCustomVotingPeriod. This allows for specifying the voting period for the proposal.

Under which circumstances is the proposal defeated?

Once the quorum is reached and more than 50% of voting power is given for the proposal then it can be executed right after the voting period is done. If a proposal can’t reach the required quorum in the voting period then it becomes defeated.

Consensus params

```solidity
struct ConsensusParams {
    uint32 activeValidatorsLength;
    uint32 epochBlockInterval;
    uint32 misdemeanorThreshold;
    uint32 felonyThreshold;
    uint32 validatorJailEpochLength;
    uint32 undelegatePeriod;
}
```

BSC compatibility

Chiliz Chain is compatible with BSC and Parlia consensus. In an EVM executor, the only new additions are the hooks for checking ACL policies, which are about 40 lines of code.

Last updated 3 months ago

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