[Contract] — Governance Proposal Quorum and Timelock

[Olowodarey]

Labels: contract, enhancement, governance

Problem

Governance proposals can execute as soon as they pass, with no minimum participation requirement and no delay for the community to react. This enables low-turnout capture and surprise parameter changes.

Requirements

1. Add a configurable quorum (minimum participating weight) required for a proposal to pass.
2. Add a timelock delay between a proposal passing and becoming executable.
3. Reject execution before the timelock elapses or if quorum was not met.
4. Emit events for queued, executable, and executed states.

Acceptance Criteria

• Proposals below quorum cannot pass regardless of yes/no ratio.
• Execution reverts before the timelock elapses.
• Quorum and timelock are governance-configurable and validated.
• Tests cover quorum failure, timelock gating, and successful execution.

Files

contracts/open-market/src/governance.rs, contracts/open-market/src/config.rs, contracts/open-market/src/storage_types.rs, contracts/open-market/src/errors.rs

[mubby4]

@mubby4 has applied to work on this issue as part of the Stellar Wave Program's 7th wave.

Hi Maintainer, I've read through the issue and I'm confident I can handle it well. Could you assign it to me

ℹ️ Repo Maintainers: To accept this application, review their application or assign @mubby4 to this issue.

[nattyakos07-web]

@nattyakos07-web has applied to work on this issue as part of the Stellar Wave Program's 7th wave.

I'd like to work on this issue. I'll add configurable quorum (minimum participating weight) and timelock delay to governance proposals in contracts/open-market/src/governance.rs, rejecting execution before timelock elapses or if quorum not met, emitting queued/executable/executed events. I'll update config.rs, storage_types.rs, and errors.rs as needed. Tests will cover quorum failure, timelock gating, and successful execution. Branch: feature/governance-quorum-timelock.

ℹ️ Repo Maintainers: To accept this application, review their application or assign @nattyakos07-web to this issue.

[Mkalbani]

@Mkalbani has applied to work on this issue as part of the Stellar Wave Program's 7th wave.

Hi maintainers, can I work on this. I've worked on a similar work. Thank you.

ℹ️ Repo Maintainers: To accept this application, review their application or assign @Mkalbani to this issue.

[drips-wave]

Congratulations, @nattyakos07-web! 🎉 Your application was accepted by the repo's maintainers, and the issue is due on July 30, 2026.

🧑‍💻 @nattyakos07-web: Please resolve the issue such that the repo's maintainers have enough time to review your contribution before the due date. You'll earn Points for completing the issue on-time, which will make you eligible for a share of the Stellar Wave Program's reward pool.

Warning

When opening a PR, please link it to this issue to ensure it gets tracked accurately. Points are awarded when this issue is marked as completed by the maintainer.

🤠 Repo maintainers: Please keep an eye on the contributor's progress and review their work before the due date. You can manage this issue, including adjusting its complexity and points, here.

🌊 Happy Wave 🌊

[grantfox-oss]

🎉 This issue has been marked as completed on GrantFox as part of the Official Campaign | FWC26 campaign!

@nattyakos07-web's PR #1486 was approved and merged by @Olowodarey.

🏆 @nattyakos07-web: You earned 35 FoxPoints for this contribution! Your current tier: Explorer (541 total points). Track your full progress on GrantFox.

👏 Great work, @nattyakos07-web! Keep contributing to Arena1X.

[drips-wave]

This issue has been completed by @nattyakos07-web as part of the Stellar Wave Program's 7th Wave 🥳

😎 @nattyakos07-web: You earned 200 Points for completing this issue! After the current Wave ends, you'll be eligible for a percentage of the Wave's reward pool based on the percentage of total points you've earned. Learn more here. You can also Leave a review to share your experience working on this issue.

🧑‍💻 Repo maintainers: How'd the contributor do? Leave a review to share your experience working with them.