If a governance action expires, the action's submission deposit is returned to the proposer. The lifetime exists so the protocol does not accumulate an open backlog of stale proposals waiting indefinitely for votes that may never arrive.
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- Governance ActionA formal proposal submitted on-chain for the Cardano community to vote on.View term
- DRepA representative that ada holders delegate their on-chain voting power to, so the DRep votes on governance actions on their behalf; like choosing someone to represent your interests in parliament.View term
- CIP-1694The Cardano Improvement Proposal that defines Cardano's on-chain governance system, introducing DReps, the Constitutional Committee, and formal governance actions.View term
- Voting ThresholdsThe set of protocol parameters that define what percentage of votes is required from each governance body (DReps, SPOs) to ratify each governance action type.View term