# Governance

## **Governance Process**

* **Warm-up Period:** All proposals are advised to be posted on dForce Forum for discussion before initiating a vote.
* **Voting Period:** Each Snapshot vote shall last 72 hours.
* **Threshold:** At least 50% of DF votes participated are in favor of the proposal, or it is deemed rejected. You will have to re-submit your proposal if needed.
* **Quorum:** 2% of total outstanding votes.

## **DIP**

DIP stands for **dForce Improvement Plan**. DF holders can put forward a DIP to launch new product, implement new features or changes, or make decisions related to the operation of the dForce.

## **UIP**

UIP stands for **Unitus Improvement Plan**. While Unitus has its own utility token, UTS, the platform is currently in its early stages. As a result, Unitus is temporarily governed by the DF token until the UTS tokens are widely distributed to ensure the fairness and effectiveness of the voting process.

## **XIP**

XIP stands for **USX Improvement Plan**. While there is a possibility that USX may introduce a new utility token in the future, it is currently in the bootstrapping stage. As a result, USX will be governed by the DF token until it gains strong traction and wide adoption across the wider DeFi ecosystem.


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