# Elrond smart contract module - Governance
This is a standard smart contract module, that when added to a smart contract offers governance features:
- proposing actions
- voting/downvoting a particular proposal
- after a voting period, either putting the action in a queue (if it reached quorum) or canceling
Voting can only be done by depositing a specific token defined in the initial setup.
The module provides the following configurable parameters:
- `quorum` - the minimum number of (`votes` minus `downvotes`) at the end of the voting period
- `minTokenBalanceForProposing` - Minimum numbers of tokens the proposer has to deposit. These automatically count as `votes` as well
- `maxActionsPerProposal` - Maximum number of actions (transfers and/or smart contract calls) that a proposal may have
- `votingDelayInBlocks` - Number of blocks to wait after a block is proposed before being able to vote/downvote that proposal
- `votingPeriodInBlocks` - Number of blocks the voting period lasts (voting delay does not count towards this)
- `lockTimeAfterVotingEndsInBlocks` - Number of blocks to wait before a successful proposal can be executed
The module also provides events for most actions that happen:
- `proposalCreated` - triggers when a proposal is created. It also provides all the relevant information, like proposer, actions, etc.
- `voteCast` - user voted on a proposal
- `downvoteCast` - user downvoted a proposal
- `proposalCanceled`, `proposalQueued` and `proposalExecuted` - provides the ID of the specific proposal
- `userDeposit` - a user deposited some tokens needed for a future payable action
Please note that although the main contract can modify the module's storage directly, it is not recommended to do so, as that defeats the whole purpose of having governance. These parameters should only be modified through actions.