# Governance process

The KUMA Protocol is controlled by vMIMO token holders who vote on off-chain proposals (on the [KUMA snapshot](https://snapshot.org/#/kumaprotocol.eth)) that govern the ecosystem. Proposals that the Quorum Threshold are executed by the [Multisig](https://docs.kuma.bond/kuma-protocol/dao-and-governance/multisig). 

At start the KUMA Protocol accepts regulated KUMA NFTs. However in essence, the KUMA Protocol could be accepting other types of tokens backed by Real World Assets (RWA).

## Governance Proposals Process

The steps for a successful governance proposal are:

1. Create a proposal by using the [Proposal Framework](https://docs.kuma.bond/kuma-protocol/dao-and-governance/proposal-framework) to share on the ***forum*** and discuss with the community.
2. Discuss with the community for a minimum of 2 days on the forum then update the proposal if necessary
3. Post the proposal on the [KUMA Snapshot](https://snapshot.org/#/kumaprotocol.eth) by following the [Proposal Framework](https://docs.kuma.bond/kuma-protocol/dao-and-governance/proposal-framework) (Publish a proposal on the [KUMA Snapshot](https://snapshot.org/#/kumaprotocol.eth) requires at least XX [vMIMO](https://docs.kuma.bond/kuma-protocol/dao-and-governance/vmimo-and-voting-power) tokens following KIP-XX (add snapshot link))

If successful, the proposal payload will be executed and implemented by the [Multisig](https://docs.kuma.bond/kuma-protocol/dao-and-governance/multisig).

## **DAO Discussion**

Discussion regarding changes in the protocol happens on the following channels: 

* [Governance Forum](https://gov.kuma.bond/)

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Following and participating in the various governance discussions is as important for you as it is for the Protocol, gather your opinions to best meet the needs of users and the Protocol.
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