# Quorum & Requirements Holders of JPGD can create or vote on governance proposals that shape and oversee the protocol. Such proposals may include, but are not limited to, changing debt limits on vaults, changing deposit, interest, insurance, or any other type of fees, adding new NFT collections, approving increased credit limits for certain NFTs, etc. Votes are conducted on our Snapshot page, which you can find [here](https://snapshot.org/#/jpeg%E2%80%99d.eth/proposal/QmaTbT5Brq46L8Ptv3WRSbemzSEpyefiLth8F9QGzh42aZ). Votes are approved if they attain over 50% of the votes in support. Additionally, valid proposals must pass quorum. Quorum is 3% of the total supply (3,000,000,000 JPGD). If a proposal achieves 50% of votes in favor, yet does not meet quorum, it will not pass as it is not a valid, binding proposal. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.jpegd.io/jpegd-dao/security-and-governance/quorum-and-requirements.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.