On-Chain Voting Mechanics
Governance proposals follow a strict lifecycle: creation → voting period → timelock → execution. Each stage has parameters that determine how easy or hard it is to change a protocol. Understanding quorum thresholds, voting periods, and timelocks reveals how power actually flows in DeFi.
🗳️ Proposal Lifecycle Simulator
Tokens to Propose
10,000
Quorum Needed
40,000
Total Votes Cast
120,000
For / Against
78k / 42k
Status
✅ PASSED
⏱️ Governance Timeline
Most governance systems enforce delays at each stage to give token holders time to react. A typical Compound/Aave proposal takes 7-14 days from creation to execution.