How to Vote on Stabull Governance Proposals
A Simple Guide to Snapshot Governance
This guide explains how Stabull governance works, who can participate, who can propose votes, and exactly how to cast your vote using Snapshot.
It is written for first-time users. If you can connect a wallet, you can vote.
1. What Is Snapshot and Why We Use It
Stabull governance runs on Snapshot at https://snapshot.org/#/s:stabullfinance.eth.
Snapshot is an off-chain voting system used by many DeFi protocols. It allows token holders to vote without paying gas fees. When you vote, you are not sending a blockchain transaction. You are signing a message with your wallet. That signature records your vote.
At this stage, governance is advisory. This means:
Votes guide the Stabull core team
Votes are not automatically executed on-chain
Successful proposals are implemented manually
Governance participation does not grant ownership, equity, profit rights, or fiduciary rights in Stabull.
Governance exists so STABUL holders can signal direction on matters such as tokenomics, protocol parameters, staking design, operational decisions, and governance rules.
2. Who Can Vote
Voting is open to STABUL holders who meet the eligibility requirements below.
Eligible Holdings
The following are not eligible:
STABUL held on centralized exchanges (CEXs)
Tokens held inside locked wallets
Locked wallets are listed publicly here: https://www.coingecko.com/en/coins/stabull-finance
Up-to-date circulating supply by chain: https://stabull.finance/token-supply/
If your tokens are on an exchange, you must withdraw them to a wallet you control before the proposal begins.
If You Hold STABUL on Polygon
Polygon is not currently supported for governance voting.
If you hold STABUL on Polygon and want to vote, you must bridge your tokens before the proposal starts;
Bridge to Ethereum: https://app.transporter.io/?from=polygon&tab=token&to=mainnet&token=STABUL
Important: You must bridge before the proposal is created. Moving tokens after the snapshot block does not increase your voting power.
3. What Is the Snapshot Block?
When a proposal is created, Snapshot records the blockchain at a specific block number. This is called the Snapshot Block.
Your voting power is fixed at that exact moment.
This prevents manipulation. You cannot acquire tokens after a proposal is live to increase influence. Likewise, selling tokens during the vote does not reduce your recorded voting power.
Your balance at the snapshot block is what counts.
4. Who Can Propose a Vote?
To encourage open governance, Stabull allows eligible token holders to submit proposals directly through Snapshot.
Author Eligibility
Any wallet holding more than 25,000 STABUL tokens can log in to Snapshot and submit proposals to the Stabull governance space.
Proposals should clearly explain the change being proposed, why it is being suggested, and any expected impact on the Stabull protocol or community.
Token holders are encouraged to discuss proposals with the community on the Governance Forum or Discord prior to publishing them to Snapshot.
Governance Moderation
Open governance provides an important mechanism for community participation, but it also carries certain risks. These include malicious proposals intended to disrupt the protocol or damage the Stabull ecosystem.
To mitigate these risks, the Stabull Core Team actively moderates the governance process and reserves the right to remove or disable proposals that may harm the protocol or the community.
Moderation may apply to proposals that are:
Clearly harmful or malicious, including proposals designed to exploit, damage, or disrupt the Stabull protocol.
Unfair, impossible, or fundamentally irrational, including proposals that cannot realistically be implemented.
Structured in a way that prevents meaningful participation, such as proposals that allow insufficient time for token holders to review and vote.
Lacking sufficient clarity, detail, or explanation to allow the proposal to be properly understood or executed.
Attempts to manipulate governance mechanisms, such as proposals designed to alter voting systems, thresholds, or procedures in order to force through previously rejected changes.
The goal of moderation is not to limit governance participation, but to ensure that proposals presented to token holders are legitimate, understandable, and in the best interests of the Stabull ecosystem.
Groups of Smaller Token Holders
Smaller token holders may collaborate and submit a proposal collectively.
If a group of holders together controls more than 25,000 STABUL tokens, they may:
Create a support ticket in the Stabull Discord.
Provide wallet addresses for verification of their combined holdings, as well as signed messages using etherscan, polygonscan or basescan confirming the wallet they want to collaborate with.
Nominate one lead wallet to act as the official Author.
Once verified, the nominated wallet may be granted Author status to submit the proposal, despite individually being under the 25,000 threshold.
Discord: https://discord.stabull.finance
5. Where to Vote
All official proposals are published here: https://snapshot.org/#/s:stabullfinance.eth
Always verify that you are inside the official Stabull Snapshot space before voting.
6. How to Vote (Step-by-Step)
Voting typically takes only a few minutes.
Step 1
Go to the Stabull Snapshot space: https://snapshot.org/#/s:stabullfinance.eth
Step 2
Click “Connect Wallet.”
You may use any EVM-compatible wallet supported by Snapshot (MetaMask, Rabby, WalletConnect-based wallets, etc.).
Step 3
Select the active proposal.
Each proposal will show;
The proposal title
A detailed explanation
Voting options
The snapshot block number
Time remaining
Read the proposal carefully before voting.
Step 4
Choose your option.
At launch, all proposals will use Single Choice voting (for example: For / Against / Abstain).
Step 5
Click “Vote.”
Step 6
Sign the message in your wallet.
You are not sending a transaction.
You are not paying gas.
You are only signing a message confirming your choice.
Once signed, your vote is recorded.
7. How Long Do Votes Stay Open?
Each proposal remains open for 3 days.
You may change your vote at any time during the voting window. Only your final vote before the deadline counts.
After 3 days, voting closes automatically.
8. What Makes a Proposal Pass?
For a proposal to pass, two conditions must be met.
Quorum
The quorum for a vote to be eligible has been set initially to 100,000 tokens, approximatrely 5% of circulating supply
Approval Threshold
A simple majority is required (more than 50%).
If quorum is reached (including Abstained votes) and more than 50% vote in favor, the proposal passes.
9. What Can Be Voted On?
At launch, governance may cover:
Tokenomics
White Paper updates
Protocol Parameters
Fee Parameters
Operational Guidelines
Staking
Governance Rules
Voting formats may evolve as governance matures.
Delegation is not supported at launch. It is planned for a future phase, with structured requirements including minimum holdings and 90-day holding periods prior to becoming a delegate.
10. What Happens After a Proposal Passes?
All votes are advisory.
If a proposal passes:
The core team executes it manually
The team will endeavour to implement within 14 working days
If implementation requires development, funding, or coordination, the timeline may extend.
The core team retains discretion in exceptional circumstances.
Implementation updates will be communicated through official Stabull channels.
11. Important Participation Notice
You are responsible for ensuring that participating in governance is legally permitted in your jurisdiction.
Stabull does not verify voter eligibility under local regulations.
Participation in governance does not grant ownership, equity, profit rights, or fiduciary rights.
12. Need Help?
If you have questions about governance or voting:
Join the Stabull Discord Server: https://snapshot.org/#/s:stabullfinance.eth
Post in the Discourse Governance Forum
Always confirm you are voting in the official Snapshot space: https://snapshot.org/#/s:stabullfinance.eth
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