Only bonded tokens can participate in Secret Network governance; this encourages users to bond their tokens to the network, which is an essential part of securing the network. Voting power is measured in terms of bonded SCRT. Delegators inherit the vote of the validator they are delegated to unless the delegator casts their own vote (which automatically overwrites the validator’s voting decision). Tallying the results of a proposal vote can result in an accepted proposal if the following requirements are met: quorum, threshold, and no veto. The quorum requirement programmatically checks that more than 33.4% of total bonded tokens participated in the vote by the end of the one week voting period.
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