Protocol

Inscription Parameters

The basic operations parameters for creating a proposal, casting a vote, and tallying a vote are as follows:

Creating a proposal

{ 
  "p": "votex",
  "dao": "runestone",
  "op": "propose",
  "pid": "1",
  "prop": "Exclude QC",
  "sys": "majority"
  "mem": "112,383"
  "quo": "20%"
  "exp": "829466"
  "id": "taproot-wallet-address",
  "cast": "aye"
}

Casting a vote

{ 
  "p": "votex",
  "dao": "runestone",
  "op": "vote",
  "pid": "1",
  "id": "taproot-wallet-address",
  "cast": "aye"
}

Tallying the vote

{ 
  "p": "votex",
  "dao": "runestone",
  "op": "tally",
  "pid": "1",
  "prop": "Exclude QC",
  "sys": "majority"
  "mem": "112,383"
  "quo": "20%"
  "exp": "829466"
  "id": "taproot-wallet-address",
  "res": "pass"
}

Key	Parameter	Condition	Description
p	protocol	Required for all	Provides indexers a way to identify and process votes
dao	DAO	Required for all	The name of the DAO or community
op	operation	Required for all	The details of the operation command
pid	proposal-id	Required for all	The unique number of the proposal
prop	proposal	Optional	The title of the proposal
sys	system	Required for propose, tally	The system of voting
mem	members	Required for propose, tally	Snapshot of the total member count of voter pool
quo	quorum	Required for propose, tally	The minimum participation threshold, represented as a %
exp	expiry	Required for propose, tally	The deadline block at which votes will have to be received to be valid
id	identification	Required for all	The voter ID as taproot wallet address of voter
cast	cast	Required for propose, vote	Either aye or nay
res	result	Tally only	The final outcome of the vote

Operations

• Propose

• Vote

• Tally

Systems

• Majority

• Unanimous

Cast

• Aye

• Nay

Result

• Pass

• Fail

• Null

Voting Systems Specifics

• Simple majority more than 50% wins. In the case of a tie, the proposer's vote is the tiebreaker.

• Unanimous. All members must vote aye for the proposal to pass.

Conditions

• pid needs to be a sequential number unique to the DAO

• Either the input or output of the tx has to match the wallet address that holds the votex inscription as well as the wallet address written in the inscription as id

• Therefore it is advised to use only taproot wallets with a bitcoin balance to ensure vote is valid, and to avoid inscription services that first inscribe to their wallets

• Only one vote (set of parameters) per inscription

• The JSON format should be followed