# Governance **Governance Parameters** Holders can make proposals that influence some of our Governance Parameters. Usage and Engagement: Implementing achievement systems, quests, and other incentives to boost user adoption. KPIs include daily active users, transaction volumes, protocol fees, and total value locked (TVL). These initiatives are aimed at increasing user involvement in the Param Ecosystem. Ecosystem Development Incentives: This focuses on rewarding dApps, infrastructure providers, and technology partners integral to Param DAO growth. The objective is to cultivate collaborations that strengthen and expand the ecosystem. Special situation and growth: This area covers potential opportunities like acquisitions, token swaps, Treasury sales, $Param buybacks, and other strategic deals to benefit the ecosystem. | Governance Parameters | TBD | | ----------------------------- | -------------------------------------------------- | | Staking Requirements | Yes | | Quorum | Based on funding tier -11.11% to 21.11% | | Approval % | Majority > 51% | | Post Submission Voting Period | 7 days 14 days | | Time Lock | 3 Days with the Committee (Veto) and Param Council | --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.paramlabs.io/param-litepaper/ecosystem/governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.