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[EC Api] - Governance action #1431

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[EC Api] - Governance action #1431

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13 changes: 13 additions & 0 deletions content/glossary/governance-action.md
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---
title: Governance action
tags:
- Voltaire
- Governance action
url: ""
image: ""
image_text: ""
---

A Governance Action is a proposal that gets submitted On-Chain for voting. It is an on-chain event triggered by a transaction. Governance actions have an expiration period, after which the action cannot be enacted. 

Any ada holder can submit a governance action for a vote on-chain. Once the action is recorded on the ledger, voters submit voting transactions.
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