Referendum
A numbered governance proposal on which eligible VARA holders may vote.
In plain language
A referendum combines a proposed on-chain call or signal with a governance track, voting period, thresholds and final lifecycle result.
Why it matters
The referendum—not a social post or discussion—is the formal object whose result OpenGov evaluates.
Real Vara examples
| Referendum | Governance | Execution | Direct addresses |
|---|---|---|---|
| #43 Timed-out signal supporting voting power for pooled VARA This proposal asked token holders to signal support for giving nomination-pool stake voting power, but it timed out and recorded no approved signal. | TimedOut | Not executed | 3 |
| #87 Validator Grant #1: Ray0xNodes Vara token holders approved a Gear Foundation-funded $18,000 grant supporting twelve Ray0xNodes validators for twelve months. | Executed | Dispatch succeeded | 20 |