NEAR Governance Voting

This guide explains how to participate in NEAR governance voting using the NEAR CLI.

Overview

NEAR governance proposals allow token holders and validators to vote on important protocol changes. Validators can vote on behalf of their pool using the NEAR CLI.

Prerequisites

See NEAR Operations Prerequisites for common requirements.

Current Proposal Example

The current proposal is hosted on https://vote.linearprotocol.org/. It is to lower NEAR’s maximum inflation from 5% to 2.5% now, with flexibility to adjust in the future.

To vote yes,

/home/neard/bin/near-cli contract call-function as-transaction reduce-inflation.near vote json-args '{"staking_pool_id": "bitwise_1.poolv1.near", "vote": "yes"}' prepaid-gas '200.0 Tgas' attached-deposit '0 NEAR' sign-as bitwise_1.near network-config mainnet sign-with-access-key-file /home/neard/.near-credentials/mainnet/bitwise_1.mainnet.json