> 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 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. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.laso.finance/laso-finance-metadao/governance-and-proposals.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.