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GITBOOK-517: change request with no subject merged in GitBook
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Gabriel Gruber authored and gitbook-bot committed Dec 20, 2023
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EXA is the governance token of Exactly Protocol that will be used as our voting metric and is decided as follows:

* EXAIPs are subject to a simple majority vote. To maintain the platform's integrity, submitting a proposal requires a minimum score of 100 EXA tokens, ensuring genuine contributions and preventing spam. 
* The voting delay will be 1 day, the voting period will be 5 days, and for approval, a proposal must meet a threshold of 100,000 EXA tokens (1% of the total EXA supply). 
* A new governance proposal can change these initial parameters.
* esEXA tokens carry the same voting power as regular EXA tokens. This parity in voting rights ensures fairness and equal participation in the governance process.
* The voting delay will be one day, the voting period will be five days, and a proposal must meet a threshold of 100,000 EXA tokens (1% of the total EXA supply) for approval. You can also check this information in our [Snapshot settings](https://gov.exact.ly/#/settings).
* All users with the right to receive EXA in the future who are vesting their EXA tokens via Sablier carry the same voting power as regular EXA token holders. This parity in voting rights ensures fairness and equal participation in the governance process and includes the following types of users:
* esEXA token holders ([EXAIP-01](https://gov.exact.ly/#/proposal/0x889d08cbe0ed7be4fd437ca374ef2845b4dbd641a6d2c57e76cd2c54d47fcadc)) 
* Team members, advisors, and investors that receive EXA tokens with vesting ([EXAIP-02](https://gov.exact.ly/#/proposal/0xe8582ed61b471cddedf865aad15138503f4bd71813ece8c66f0325507ac1c2f9))
* Affected users that received compensation in EXA tokens with vesting ([EXAIP-03](https://gov.exact.ly/#/proposal/0xf025abbbd211bfb8ccd8d5a7aa5839673b1a1fa82e7cb9b45f89cf47aca8df32))
* [A new governance proposal](https://gov.exact.ly/#/create) can change these initial parameters.

You can check your voting power in the Exactly web app [Governance Section](https://app.exact.ly/governance) and in [Snapshots](https://gov.exact.ly/). 

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