The Eco Protocol and the Eco Community Treasury are governed by the project’s tokenholders.

Eco uses token-based voting. Voting is conducted offchain using Snapshot, and proposals are enacted onchain by the Security Council.

Interim Governance Process

The Eco Protocol is currently in an interim transitionary state as it transitions from a Currency Protocol to a Stablecoin Protocol. Details about the transition and associated processes can be found here:

• The Next Eco Era: A proposal for what’s ahead
• The Next Eco Era: Governance Updates & The Eco Foundation

During this interim state, we have a simplified governance process outlined below.

Ahead of full launch of the new Protocol, this process will be revisited and adapted.

Proposal Guidelines

To submit a proposal during this interim state, the following guidelines apply:

• Proposals should be on the forum — forums.eco.com — for a minimum of three days
• Then, proposals will move to the Eco Snapshot voting space where onchain, token-weighted voting will occur
• Proposal voting will be open for exactly three days after publication to Snapshot. A simple majority will be required for the proposal to pass.
• Successful proposal will be executed onchain by the Security Council within 72 hours of the proposal being voted in, unless an intentional delay is specified within the proposal