# JBP-162 - Update Governance Process ```plain text Title: Update Governance Process Author: filipv Date: 2022-05-04 ``` ## Thesis Ratify [updates to the governance process](https://gateway.pinata.cloud/ipfs/QmTMUCYAbVGXgge5Kp4bnUrcxs29jMgai1HjtkLbBM1q2t) and migrate the corresponding document to [the docs](https://info.juicebox.money/). ## Abstract The full, updated document can be found at [https://gateway.pinata.cloud/ipfs/QmTMUCYAbVGXgge5Kp4bnUrcxs29jMgai1HjtkLbBM1q2t](https://gateway.pinata.cloud/ipfs/QmTMUCYAbVGXgge5Kp4bnUrcxs29jMgai1HjtkLbBM1q2t) Updates include: 1. Step 0 - Discussion added to clarify proposal creation process. 2. Clarity improvements to temperature check language. 3. “Voting Off-Chain” renamed to “Offchain Voting”. Language clarified. 4. 48 hour minimum for offchain voting -> 72 hour minimum for offchain voting. 5. Clarification of Abstain votes (not included in quorum or approval threshold). 6. Emergency process update. 7. Multisig emergency action quorum from 4 signers -> 80% of signers. 8. Updates to language and phrasing throughout document. 9. Out of date sentences and language removed throughout document. ## Motivation To clarify the governance process and to avoid misunderstandings. ## Risks The governance process has worked so far. Frequent changes increase the risk that something could go wrong. ## Timeline Effective upon this proposal’s Snapshot approval. ## Copyright Disclaimer Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).