> For the complete documentation index, see [llms.txt](https://docs.laso.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.laso.finance/laso-finance-metadao/governance-and-proposals.md).

# Governance and Proposals

How your ownership of LASO impacts governance and company proposals.

Laso Finance now operates based on the MetaDAO platform, where board-level decisions are driven through [decision markets](https://docs.metadao.fi/governance/overview).

In short, holders trade proposals that answer “What would be the value of this token if this proposal passed?” or of course, if it fails.

View the [MetaDAO proposals feed](https://www.metadao.fi/proposals), which shows all proposals across MetaDAO ecosystem companies.

### Example

Imagine SpaceX operated on decision markets. In this example, SpaceX trades at a flat $185 per token, with token name `SPCX`.

A proposal is submitted for **Should we replace Elon Musk as CEO?**

The proposal market is opened, with `Pass Proposal` as an asset, and `Fail Proposal` as another asset. Both assets start at the same price, $185.

Since this is a -EV proposal, the majority of holders either `Sell Pass` or `Buy Fail` . 

{% hint style="info" %}
Both actions are equivalent views, expressed with different assets. When a user commits `Sell Pass` they sell SPCX. When a user commits `Buy Fail`, they buy with USDC on Solana. Same outcome, different assets.
{% endhint %}

The `Pass Proposal` price quickly drops to $100. The market has now expressed what they believe the value of the `SPCX` token would be if this proposal were to pass.

When the proposal expires, the `Pass Proposal` is below the starting price, meaning it would decrease the valuation, thus the proposal fails.