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content/newsroom/gep_voting_process/index.md

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+---
+id: gep_voting_process
+title: "🗳 Vote: Proposed Update to the GEP Voting Process"
+image_caption: GEP Voting Process
+description:  A proposal and community vote to update the GEP voting process, to allow all TFT holders to participate in governance of the project
+date: 2024-09-24
+taxonomies:
+  people: [bernadette_amanda_caster]
+  tags: [tech,grid,community]
+  news-category: [tech,grid,community]
+extra:
+    imgPath: gep_voting_process.png
+
+---
+
+We are pleased to share a proposal and community vote to update the GEP voting process, to allow all TFT holders to participate in governance of the project.
+
+<br/>
+
+**Proposal Highlights:**
+
+<br/>
+
+- Voting is open to anyone holding TFT in a TFChain mainnet wallet
+- Voting weight is 1 TFT = 1 vote
+- A proposal will pass if 50%+1 TFT or more are positive votes
+- Voting period is 5-21 days
+
+<br/>
+
+TTake a look at the [full proposal](https://forum.threefold.io/t/tfchain-dao-gep-voting-process-update/4409). These changes are designed to streamline participation and empower every TFT holder to actively shape the future of our ecosystem.
+
+<br/>
+
+**We encourage all farmers to vote on this GEP. Visit [dashboard.grid.tf](https://dashboard.grid.tf/), click on DAO, and cast your vote before Friday October 4th at 10am CEST.**
+
+
+