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Update governance.md
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rafy2301 authored May 14, 2024
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description: >-
A guide for reserve pool share holders on how they should use their veto
power.
---

# ⚖️ Governance

**A guide for reserve pool share holders on how they should use their veto
power.**

The governance system is subject to the following rules:

1. Anyone can make proposals. Making a proposal costs a fee of at least 1000 ZCHF. There might also be a higher soft limit by convention, which is not enforced in the smart contracts, but socially by vetoing proposals that paid a fee below what is generally considered appropriate.
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