# Governance

The **Governance** page displays operations related to MIR staking and creating / voting on polls. For more details regarding the Mirror Governance process, [click here](https://getthemlols-organization.gitbook.io/everest/protocol/governance).

## Governance Main

The Governance page displays the following data:

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-82980406e06e29c490e04d7cbfe4a95ac37130d1%2Fimage%20\(182\).png?alt=media)

* **Market information about MIR Staking**: Information about current staked MIR in the market, staking ratio and maximum APR are displayed. To learn how APR for governance is calculated, refer to [this page](https://getthemlols-organization.gitbook.io/everest/protocol/mirror-token-mir#mir-staking-rewards).
* **MIR Staking Position:** MIR staking pool box displays user's staked and unstaked MIR balances.
* **Poll History**: Each poll has a unique poll ID, poll type (whitelist or parameter change), poll result, voting ratio, and end time.

## Stake / Unstake MIR Tokens

MIR tokens are distributed as a reward for staked LP tokens, which are generated when users provide liquidity. [Click here](https://getthemlols-organization.gitbook.io/everest/protocol/staking-tokens-lp-and-slp#lp-tokens) to learn more about staking LP tokens.

In order to vote on governance polls, MIR must be staked to be used as voting power.

1\. Navigate to the [**Governance**](https://terra.mirror.finance/gov) page and click **`Stake`**

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-b0a71d7f0937681920ad36bb62448a43fb83a035%2Fimage%20\(130\).png?alt=media)

2\. Select either **Stake** / **Unstake**

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-aab245fbdb3f6b7c3292dfcede47381f3ff40ebb%2Fimage%20\(148\).png?alt=media)

3\. Enter amount to Stake or Unstake

{% hint style="warning" %}
MIR tokens that are voted to on-going governance polls will be unstakable when the voting period is over.
{% endhint %}

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-affe8106efdf75bcb12d073f67e6a4a620678da3%2Fimage%20\(131\).png?alt=media)

4\. Click **`STAKE`** / **`UNSTAKE`**. Station Extension should prompt you to sign the transaction. Confirm the details presented and input your password to sign.

## Create Poll

1. Navigate to the [**Governance**](https://terra.mirror.finance/gov) page and click `Create Poll`.

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-e1df18f983ab9dd501f9f697ea94d402275b06e2%2Fimage%20\(205\).png?alt=media)

2\. Select a [poll type](https://getthemlols-organization.gitbook.io/everest/protocol/governance/proposal-types) to submit.

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-9d8323640c805689e00cedf1b365f87596fe7457%2Fimage%20\(132\).png?alt=media)

3\. After entering desired inputs, click the activated button to confirm.

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-4484038eb15d51c5dd08a6f93de5d5c6f5d07552%2Fimage%20\(147\).png?alt=media)

5\. Station Extension should prompt you to sign the transaction. Confirm the details presented and input your password to sign.

## Vote on Poll

1. Navigate to the [**Governance**](https://terra.mirror.finance/gov) page and select a poll that is `In Progress`.

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-290675209d2be4a354488440e80391952733af56%2Fimage%20\(196\).png?alt=media)

2\. After checking the details of this poll, click **`Vote`**

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-345c32d019d54b285b372a619378c8e9010c2ed4%2Fimage%20\(204\).png?alt=media)

3\. Select `YES`, `NO` or `ABSTAIN`, and enter the amount to use as voting power.

![](https://3618771758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVsib1UOY6uy1MSeWlcZ6%2Fuploads%2Fgit-blob-3438dcfa864ebe5a9c383cca02a0970962d77285%2Fimage%20\(154\).png?alt=media)

5\. Click **`Submit`** to confirm. Station Extension should prompt you to sign the transaction. Confirm the details presented and input your password to sign.

##

For every poll to be passed, they must meet the conditions below:

* Voting quorum must be greater than or equal to `quorum` (initially set to 10% on Mainnet) of the total staked MIR. Regardless of `YES` ratio, the poll will not pass if it does not meet the quorum.
* **YES** votes must be greater than **NO** votes
* Voting period (number of blocks corresponding to 1 week) has ended
* After the voting period is over and the poll passes, it takes 1 day (number of blocks corresponding to a day) for the poll to become effective in the protocol.


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