governance.proto

path vega/governance.proto

package vega

---

Messages

BatchProposalTerms

Terms for a batch governance proposal on Vega

Name	Type	Description
closing_timestamp	int64	Closing timestamp in Unix time; adheres to `minClose` and `maxClose` limits.
proposal_params	ProposalParameters	Specific parameters defining the proposal's characteristics used for validation.
changes	repeated BatchProposalTermsChange	List of individual changes included in the batch proposal.

BatchProposalTermsChange

Terms change for a batch governance proposal

Name	Type	Description
enactment_timestamp	int64	Timestamp as Unix time in seconds when proposal terms gets enacted if proposal passed the vote, constrained by `minEnact` and `maxEnact` network parameters.
validation_timestamp	int64	Validation timestamp as Unix time in seconds.
update_market	UpdateMarket	Proposal change for modifying an existing futures market.
new_market	NewMarket	Proposal change for creating new futures market.
update_network_parameter	UpdateNetworkParameter	Proposal change for updating Vega network parameters.
new_freeform	NewFreeform	Proposal change for a freeform request, which can be voted on but does not change the behaviour of the system, and can be used to gauge community sentiment.
update_asset	UpdateAsset	Proposal change for updating an asset.
new_spot_market	NewSpotMarket	Proposal change for creating new spot market.
update_spot_market	UpdateSpotMarket	Proposal change for modifying an existing spot market.
new_transfer	NewTransfer	Proposal change for a governance initiated transfer.
cancel_transfer	CancelTransfer	Proposal change to cancel a governance initiated transfe.
update_market_state	UpdateMarketState	Proposal change for updating the state of a market.
update_referral_program	UpdateReferralProgram	Proposal change for updating the referral program.
update_volume_discount_program	UpdateVolumeDiscountProgram	Proposal change for updating the volume discount program.
new_asset	NewAsset	Proposal change for adding a new asset.

CancelTransfer

Name	Type	Description
changes	CancelTransferConfiguration	Configuration for cancellation of a governance-initiated transfer

CancelTransferConfiguration

Name	Type	Description
transfer_id	string	ID of the governance transfer proposal.

FutureProduct

Future product configuration

Name	Type	Description
settlement_asset	string	Asset ID for the product's settlement asset.
quote_name	string	Product quote name.
data_source_spec_for_settlement_data	DataSourceDefinition	Data source spec describing the data source for settlement.
data_source_spec_for_trading_termination	DataSourceDefinition	The external data source spec describing the data source of trading termination.
data_source_spec_binding	DataSourceSpecToFutureBinding	Binding between the data source spec and the settlement data.
cap	optional FutureCap	If set, this product creates a capped future market.

GovernanceData

Governance data

Name	Type	Description
proposal	Proposal	Governance proposal that is being voted on.
yes	repeated Vote	All YES votes in favour of the proposal above.
no	repeated Vote	All NO votes against the proposal above.
yes_party	repeated GovernanceData.YesPartyEntry	All latest YES votes by party which is guaranteed to be unique, where key (string) is the party ID i.e. public key and value (Vote) is the vote cast by the given party.
no_party	repeated GovernanceData.NoPartyEntry	All latest NO votes by party which is guaranteed to be unique, where key (string) is the party ID i.e. public key and value (Vote) is the vote cast by the given party.
proposal_type	GovernanceData.Type	Type of proposal this data is for.
proposals	repeated Proposal	If proposal type is batch, proposals will contain all the proposals that are make up the batch.

GovernanceData.NoPartyEntry

Name	Type	Description
key	string
value	Vote

GovernanceData.YesPartyEntry

Name	Type	Description
key	string
value	Vote

InstrumentConfiguration

Instrument configuration

Name	Type	Description
name	string	Instrument name.
code	string	Instrument code, human-readable shortcode used to describe the instrument.
future	FutureProduct	Future.
spot	SpotProduct	Spot.
perpetual	PerpetualProduct	Perpetual.

NewAsset

New asset on Vega

Name	Type	Description
changes	AssetDetails	Configuration of the new asset.

NewFreeform

Freeform proposal This message is just used as a placeholder to sort out the nature of the proposal once parsed.

Name	Type	Description

NewMarket

New market on Vega

Name	Type	Description
changes	NewMarketConfiguration	Configuration of the new market.

NewMarketConfiguration

Configuration for a new futures market on Vega

Name	Type	Description
instrument	InstrumentConfiguration	New futures market instrument configuration.
decimal_places	uint64	Decimal places used for the new futures market, sets the smallest price increment on the book.
metadata	repeated string	Optional new futures market metadata, tags.
price_monitoring_parameters	PriceMonitoringParameters	Price monitoring parameters.
liquidity_monitoring_parameters	LiquidityMonitoringParameters	Liquidity monitoring parameters.
simple	SimpleModelParams	Simple risk model parameters, valid only if MODEL_SIMPLE is selected.
log_normal	LogNormalRiskModel	Log normal risk model parameters, valid only if MODEL_LOG_NORMAL is selected.
position_decimal_places	int64	Decimal places for order sizes, sets what size the smallest order / position on the futures market can be.
lp_price_range	optional string	DEPRECATED: Use liquidity SLA parameters instead. Percentage move up and down from the mid price which specifies the range of price levels over which automated liquidity provisions will be deployed.
linear_slippage_factor	string	Linear slippage factor is used to cap the slippage component of maintenance margin - it is applied to the slippage volume.
quadratic_slippage_factor	string	Quadratic slippage factor is used to cap the slippage component of maintenance margin - it is applied to the square of the slippage volume.
successor	optional SuccessorConfiguration	Successor configuration. If this proposal is meant to succeed a given market, then this should be set.
liquidity_sla_parameters	LiquiditySLAParameters	Liquidity SLA parameters
liquidity_fee_settings	LiquidityFeeSettings	Specifies how the liquidity fee for the market will be calculated.
liquidation_strategy	LiquidationStrategy	Liquidation strategy for this market.
mark_price_configuration	CompositePriceConfiguration	Mark price configuration.
tick_size	string	The market tick size defines the minimum change in quote price for the market
enable_transaction_reordering	bool	If enabled aggressive orders sent to the market will be delayed by the configured number of blocks

NewSpotMarket

New spot market on Vega

Name	Type	Description
changes	NewSpotMarketConfiguration	Configuration of the new spot market.

NewSpotMarketConfiguration

Configuration for a new spot market on Vega

Name	Type	Description
instrument	InstrumentConfiguration	New spot market instrument configuration.
price_decimal_places	uint64	Decimal places used for the new spot market, sets the smallest price increment on the book.
metadata	repeated string	Optional new spot market metadata, tags.
price_monitoring_parameters	PriceMonitoringParameters	Price monitoring parameters.
target_stake_parameters	TargetStakeParameters	Specifies parameters related to target stake calculation.
simple	SimpleModelParams	Simple risk model parameters, valid only if MODEL_SIMPLE is selected.
log_normal	LogNormalRiskModel	Log normal risk model parameters, valid only if MODEL_LOG_NORMAL is selected.
size_decimal_places	int64	Decimal places for order sizes, sets what size the smallest order / position on the spot market can be.
sla_params	LiquiditySLAParameters	Specifies the liquidity provision SLA parameters.
liquidity_fee_settings	LiquidityFeeSettings	Specifies how the liquidity fee for the market will be calculated.
tick_size	string	The market tick size defines the minimum change in quote price for the market
enable_transaction_reordering	bool	If enabled aggressive orders sent to the market will be delayed by the configured number of blocks

NewTransfer

New governance transfer

Name	Type	Description
changes	NewTransferConfiguration	Configuration for a new transfer.

NewTransferConfiguration

Name	Type	Description
source_type	AccountType	Source account type, such as network treasury, market insurance pool
source	string	If network treasury, field is empty, otherwise uses the market ID
transfer_type	GovernanceTransferType	"All or nothing" or "best effort": All or nothing: Transfers the specified amount or does not transfer anything Best effort: Transfers the specified amount or the max allowable amount if this is less than the specified amount
amount	string	Maximum amount to transfer
asset	string	ID of asset to transfer
fraction_of_balance	string	Maximum fraction of the source account's balance to transfer as a decimal - i.e. 0.1 = 10% of the balance
destination_type	AccountType	Specifies the account type to transfer to: reward pool, party, network insurance pool, market insurance pool
destination	string	Specifies the account to transfer to, depending on the account type: Network treasury: leave empty Party: party's public key Market insurance pool: market ID
one_off	OneOffTransfer
recurring	RecurringTransfer

OneOffTransfer

Specific details for a one off transfer

Name	Type	Description
deliver_on	int64	Timestamp in Unix nanoseconds for when the transfer should be delivered into the receiver's account.

PerpetualProduct

Perpetual product configuration

Name	Type	Description
settlement_asset	string	Asset ID for the product's settlement asset.
quote_name	string	Product quote name.
margin_funding_factor	string	Controls how much the upcoming funding payment liability contributes to party's margin, in the range [0, 1].
interest_rate	string	Continuously compounded interest rate used in funding rate calculation, in the range [-1, 1].
clamp_lower_bound	string	Lower bound for the clamp function used as part of the funding rate calculation, in the range [-1, 1].
clamp_upper_bound	string	Upper bound for the clamp function used as part of the funding rate calculation, in the range [-1, 1].
data_source_spec_for_settlement_schedule	DataSourceDefinition	Data source spec describing the data source for settlement schedule.
data_source_spec_for_settlement_data	DataSourceDefinition	Data source spec describing the data source for settlement.
data_source_spec_binding	DataSourceSpecToPerpetualBinding	Binding between the data source spec and the settlement data.
funding_rate_scaling_factor	optional string	Factor applied to funding-rates. This scales the impact that spot price deviations have on funding payments.
funding_rate_lower_bound	optional string	Lower bound for the funding-rate such that the funding-rate will never be lower than this value.
funding_rate_upper_bound	optional string	Upper bound for the funding-rate such that the funding-rate will never be higher than this value.
internal_composite_price_configuration	optional CompositePriceConfiguration	Composite price configuration to drive the calculation of the internal composite price used for funding payments. If undefined the default mark price of the market is used.

Proposal

Governance proposal

Name	Type	Description
id	string	Unique proposal ID.
reference	string	Proposal reference.
party_id	string	Party ID i.e. public key of the party submitting the proposal.
state	Proposal.State	Current state of the proposal, i.e. open, passed, failed etc.
timestamp	int64	Proposal timestamp for date and time as Unix time in nanoseconds when proposal was submitted to the network.
terms	optional ProposalTerms	Proposal configuration and the actual change that is meant to be executed when proposal is enacted. Single proposal term.
reason	optional ProposalError	Reason for the current state of the proposal, this may be set in case of REJECTED and FAILED statuses.
error_details	optional string	Detailed error associated to the reason.
rationale	ProposalRationale	Rationale behind a proposal.
required_participation	string	Required vote participation for this proposal.
required_majority	string	Required majority for this proposal.
required_liquidity_provider_participation	optional string	Required participation from liquidity providers, optional but is required for market update proposal.
required_liquidity_provider_majority	optional string	Required majority from liquidity providers, optional but is required for market update proposal.
batch_terms	optional BatchProposalTerms	Batch proposal terms.
batch_id	optional string	ID of a batch proposal that this proposal is part of.

ProposalParameters

Name	Type	Description
min_close	int64	Represents the minimum time before a proposal can be closed for voting.
max_close	int64	Represents the maximum time that a proposal can be open for voting.
min_enact	int64	Represents the minimum time before an enacted proposal takes effect.
max_enact	int64	Represents the maximum time before an enacted proposal must take effect.
required_participation	string	Specifies the required percentage of eligible participants that must partake in the proposal for it to be valid.
required_majority	string	Specifies the required percentage of votes a proposal needs to be approved.
min_proposer_balance	string	Specifies the minimum governance token balance a proposer must hold to initiate a proposal.
min_voter_balance	string	Specifies the minimum governance token balance a voter must hold to participate in voting.
required_participation_lp	string	Specifies the required percentage of participation from liquidity providers for the proposal to be valid.
required_majority_lp	string	Specifies the required majority percentage from liquidity providers for a proposal to be approved.
min_equity_like_share	string	Specifies the minimum share that is akin to equity, which a participant must hold for their vote to be eligible.

ProposalRationale

Rationale behind a proposal.

Name	Type	Description
description	string	Description to show a short title / something in case the link goes offline. This is to be between 0 and 20k unicode characters. This is mandatory for all proposals.
title	string	Title to be used to give a short description of the proposal in lists. This is to be between 0 and 100 unicode characters. This is mandatory for all proposals.

ProposalTerms

Terms for a governance proposal on Vega

Name	Type	Description
closing_timestamp	int64	Timestamp as Unix time in seconds when voting closes for this proposal, constrained by `minClose` and `maxClose` network parameters.
enactment_timestamp	int64	Timestamp as Unix time in seconds when proposal gets enacted if passed, constrained by `minEnact` and `maxEnact` network parameters.
validation_timestamp	int64	Validation timestamp as Unix time in seconds.
update_market	UpdateMarket	Proposal change for modifying an existing futures market on Vega.
new_market	NewMarket	Proposal change for creating new futures market on Vega.
update_network_parameter	UpdateNetworkParameter	Proposal change for updating Vega network parameters.
new_asset	NewAsset	Proposal change for creating new assets on Vega.
new_freeform	NewFreeform	Proposal change for a freeform request, which can be voted on but does not change the behaviour of the system, and can be used to gauge community sentiment.
update_asset	UpdateAsset	Proposal change for updating an asset.
new_spot_market	NewSpotMarket	Proposal change for creating new spot market on Vega.
update_spot_market	UpdateSpotMarket	Proposal change for modifying an existing spot market on Vega.
new_transfer	NewTransfer	Proposal change for a governance transfer.
cancel_transfer	CancelTransfer	Cancel a governance transfer.
update_market_state	UpdateMarketState	Proposal change for updating the state of a market.
update_referral_program	UpdateReferralProgram	Proposal change for updating the referral program.
update_volume_discount_program	UpdateVolumeDiscountProgram	Proposal change for updating the volume discount program.

RecurringTransfer

Specific details for a recurring transfer First epoch from which this transfer shall be paid.

Name	Type	Description
start_epoch	uint64
end_epoch	optional uint64	Last epoch at which this transfer shall be paid.
dispatch_strategy	optional DispatchStrategy	Optional parameter defining how a transfer is dispatched.
factor	string	Factor that the initial transfer amount is multiplied by for each epoch that it is executed. For example if the initial transfer amount is 1000 and the factor is 0.5, then the amounts transferred per epoch will be 1000, 500, 250, 125, etc.

ReferralProgramChanges

Name	Type	Description
benefit_tiers	repeated BenefitTier	Defined benefit tiers in increasing order. First element will give Tier 1, second element will give Tier 2, and so on. Determines the level of benefit a party can expect based on performance criteria.
end_of_program_timestamp	int64	Timestamp as Unix time in seconds, after which when the current epoch ends, the program will end and benefits will be disabled.
window_length	uint64	Number of epochs over which to evaluate a referral set's running volume.
staking_tiers	repeated StakingTier	Defined staking tiers in increasing order. First element will give Tier 1, second element will give Tier 2, and so on. Determines the level of benefit a party can expect based on their staking.

SpotProduct

Spot product configuration

Name	Type	Description
base_asset	string	Base asset ID.
quote_asset	string	Quote asset ID.

SuccessorConfiguration

Configuration required to turn a new market proposal in to a successor market proposal.

Name	Type	Description
parent_market_id	string	ID of the market that the successor should take over from.
insurance_pool_fraction	string	A decimal value between or equal to 0 and 1, specifying the fraction of the insurance pool balance that is carried over from the parent market to the successor.

UpdateAsset

Update an existing asset on Vega

Name	Type	Description
asset_id	string	Asset ID the update is for.
changes	AssetDetailsUpdate	Changes to apply on an existing asset.

UpdateFutureProduct

Future product configuration

Name	Type	Description
quote_name	string	Human-readable name/abbreviation of the quote name.
data_source_spec_for_settlement_data	DataSourceDefinition	The data source spec describing the data of settlement data.
data_source_spec_for_trading_termination	DataSourceDefinition	The data source spec describing the data source for trading termination.
data_source_spec_binding	DataSourceSpecToFutureBinding	The binding between the data source spec and the settlement data.

UpdateInstrumentConfiguration

Instrument configuration

Name	Type	Description
code	string	Instrument code, human-readable shortcode used to describe the instrument.
name	string	Instrument name
future	UpdateFutureProduct	Future.
perpetual	UpdatePerpetualProduct	Perpetual.

UpdateMarket

Update an existing market on Vega

Name	Type	Description
market_id	string	Market ID the update is for.
changes	UpdateMarketConfiguration	Updated configuration of the futures market.

UpdateMarketConfiguration

Configuration to update a futures market on Vega

Name	Type	Description
instrument	UpdateInstrumentConfiguration	Updated futures market instrument configuration.
metadata	repeated string	Optional futures market metadata, tags.
price_monitoring_parameters	PriceMonitoringParameters	Price monitoring parameters.
liquidity_monitoring_parameters	LiquidityMonitoringParameters	Liquidity monitoring parameters.
simple	SimpleModelParams	Simple risk model parameters, valid only if MODEL_SIMPLE is selected.
log_normal	LogNormalRiskModel	Log normal risk model parameters, valid only if MODEL_LOG_NORMAL is selected.
lp_price_range	optional string	DEPRECATED: Use liquidity SLA parameters instead. Percentage move up and down from the mid price which specifies the range of price levels over which automated liquidity provisions will be deployed.
linear_slippage_factor	string	Linear slippage factor is used to cap the slippage component of maintenance margin - it is applied to the slippage volume.
quadratic_slippage_factor	string	Quadratic slippage factor is used to cap the slippage component of maintenance margin - it is applied to the square of the slippage volume.
liquidity_sla_parameters	LiquiditySLAParameters	Liquidity SLA parameters
liquidity_fee_settings	LiquidityFeeSettings	Specifies how the liquidity fee for the market will be calculated.
liquidation_strategy	LiquidationStrategy	Liquidation strategy parameters
mark_price_configuration	CompositePriceConfiguration	Mark price configuration.
tick_size	string	The market tick size defines the minimum change in quote price for the market
enable_transaction_reordering	bool	If enabled aggressive orders sent to the market will be delayed by the configured number of blocks

UpdateMarketState

Name	Type	Description
changes	UpdateMarketStateConfiguration	Configuration for governance-initiated change of a market's state

UpdateMarketStateConfiguration

Name	Type	Description
market_id	string	ID of the market
update_type	MarketStateUpdateType	Type of the market update
price	optional string	Settlement price, relevant only for market termination for futures markets

UpdateNetworkParameter

Update network configuration on Vega

Name	Type	Description
changes	NetworkParameter	The network parameter to update.

UpdatePerpetualProduct

Perpetual product configuration

Name	Type	Description
quote_name	string	Human-readable name/abbreviation of the quote name.
margin_funding_factor	string	Controls how much the upcoming funding payment liability contributes to party's margin, in the range [0, 1].
interest_rate	string	Continuously compounded interest rate used in funding rate calculation, in the range [-1, 1].
clamp_lower_bound	string	Lower bound for the clamp function used as part of the funding rate calculation, in the range [-1, 1].
clamp_upper_bound	string	Upper bound for the clamp function used as part of the funding rate calculation, in the range [-1, 1].
data_source_spec_for_settlement_schedule	DataSourceDefinition	Data source spec describing the data source for settlement schedule.
data_source_spec_for_settlement_data	DataSourceDefinition	Data source spec describing the data source for settlement.
data_source_spec_binding	DataSourceSpecToPerpetualBinding	Binding between the data source spec and the settlement data.
funding_rate_scaling_factor	optional string	Factor applied to funding-rates. This scales the impact that spot price deviations have on funding payments.
funding_rate_lower_bound	optional string	Lower bound for the funding-rate such that the funding-rate will never be lower than this value.
funding_rate_upper_bound	optional string	Upper bound for the funding-rate such that the funding-rate will never be higher than this value.
internal_composite_price_configuration	optional CompositePriceConfiguration	Configuration for the internal composite price used in funding payment calculation.

UpdateReferralProgram

Name	Type	Description
changes	ReferralProgramChanges	Configuration for change to update a referral program.

UpdateSpotInstrumentConfiguration

Name	Type	Description
code	string	Instrument code, human-readable shortcode used to describe the instrument.
name	string	Instrument name

UpdateSpotMarket

Update an existing spot market on Vega

Name	Type	Description
market_id	string	Market ID the update is for.
changes	UpdateSpotMarketConfiguration	Updated configuration of the spot market.

UpdateSpotMarketConfiguration

Configuration to update a spot market on Vega

Name	Type	Description
metadata	repeated string	Optional spot market metadata, tags.
price_monitoring_parameters	PriceMonitoringParameters	Price monitoring parameters.
target_stake_parameters	TargetStakeParameters	Specifies parameters related to target stake calculation.
simple	SimpleModelParams	Simple risk model parameters, valid only if MODEL_SIMPLE is selected.
log_normal	LogNormalRiskModel	Log normal risk model parameters, valid only if MODEL_LOG_NORMAL is selected.
sla_params	LiquiditySLAParameters	Specifies the liquidity provision SLA parameters.
liquidity_fee_settings	LiquidityFeeSettings	Specifies how the liquidity fee for the market will be calculated.
tick_size	string	The market tick size defines the minimum change in quote price for the market
instrument	UpdateSpotInstrumentConfiguration	Specifies the name and code of the spot instrument.
enable_transaction_reordering	bool	If enabled aggressive orders sent to the market will be delayed by the configured number of blocks

UpdateVolumeDiscountProgram

Name	Type	Description
changes	VolumeDiscountProgramChanges	Configuration for a change to update a volume discount program

VolumeDiscountProgramChanges

Name	Type	Description
benefit_tiers	repeated VolumeBenefitTier	Defined benefit tiers in increasing order. First element will give Tier 1, second element will give Tier 2, and so on. Determines the level of benefit a party can expect based on performance criteria.
end_of_program_timestamp	int64	Timestamp as Unix time in seconds, after which when the current epoch ends, the program will end and benefits will be disabled.
window_length	uint64	Number of epochs over which to evaluate a referral set's running volume.

Vote

Governance vote

Name	Type	Description
party_id	string	Voter's party ID.
value	Vote.Value	Which way the party voted.
proposal_id	string	Proposal ID being voted on.
timestamp	int64	Timestamp in Unix nanoseconds when the vote was acknowledged by the network.
total_governance_token_balance	string	Total number of governance token for the party that cast the vote.
total_governance_token_weight	string	The weight of this vote based on the total number of governance tokens.
total_equity_like_share_weight	string	The weight of the vote compared to the total amount of equity-like share on the market. It is only populated if the vote is for a single type proposal.
els_per_market	repeated VoteELSPair	The per market weight of the vote compared to the total amount of equity-like share on the market.. It is only populated if the vote is for a batch type proposal.

VoteELSPair

Name	Type	Description
market_id	string	The market ID.
els	string	The equity-like share weight for this market.

---

Enums

GovernanceData.Type

Proposal type

Name	Number	Description
TYPE_SINGLE_OR_UNSPECIFIED	0	Single proposal only. In case it has not been specified, for example in older proposals, then this is the default.
TYPE_BATCH	1	Proposal contains a batch of proposals or a proposal that should be treated as part of a batch.

GovernanceTransferType

Name	Number	Description
GOVERNANCE_TRANSFER_TYPE_UNSPECIFIED	0
GOVERNANCE_TRANSFER_TYPE_ALL_OR_NOTHING	1
GOVERNANCE_TRANSFER_TYPE_BEST_EFFORT	2

MarketStateUpdateType

Name	Number	Description
MARKET_STATE_UPDATE_TYPE_UNSPECIFIED	0	Default value, always invalid
MARKET_STATE_UPDATE_TYPE_TERMINATE	1	Request to terminate a market via governance
MARKET_STATE_UPDATE_TYPE_SUSPEND	2	Request to suspend a market via governance
MARKET_STATE_UPDATE_TYPE_RESUME	3	Request to resume a market via governance

Proposal.State

Proposal state transition: Open -> - Passed -> Enacted. - Passed -> Failed. - Declined Rejected Proposal can enter Failed state from any other state

Name	Number	Description
STATE_UNSPECIFIED	0	Default value, always invalid
STATE_FAILED	1	Proposal enactment has failed - even though proposal has passed, its execution could not be performed
STATE_OPEN	2	Proposal is open for voting
STATE_PASSED	3	Proposal has gained enough support to be executed
STATE_REJECTED	4	Proposal wasn't accepted i.e. proposal terms failed validation due to wrong configuration or failed to meet network requirements.
STATE_DECLINED	5	Proposal didn't get enough votes, e.g. either failed to gain required participation or majority level.
STATE_ENACTED	6	Proposal enacted.
STATE_WAITING_FOR_NODE_VOTE	7	Waiting for node validation of the proposal

ProposalError

List of possible errors that can cause a proposal to be in state rejected or failed

Name	Number	Description
PROPOSAL_ERROR_UNSPECIFIED	0	Default value
PROPOSAL_ERROR_CLOSE_TIME_TOO_SOON	1	Specified close time is too early based on network parameters
PROPOSAL_ERROR_CLOSE_TIME_TOO_LATE	2	Specified close time is too late based on network parameters
PROPOSAL_ERROR_ENACT_TIME_TOO_SOON	3	Specified enactment time is too early based on network parameters
PROPOSAL_ERROR_ENACT_TIME_TOO_LATE	4	Specified enactment time is too late based on network parameters
PROPOSAL_ERROR_INSUFFICIENT_TOKENS	5	Proposer for this proposal has insufficient tokens
PROPOSAL_ERROR_INVALID_INSTRUMENT_SECURITY	6	Instrument quote name and base name were the same
PROPOSAL_ERROR_NO_PRODUCT	7	Proposal has no product
PROPOSAL_ERROR_UNSUPPORTED_PRODUCT	8	Specified product is not supported
PROPOSAL_ERROR_NO_TRADING_MODE	11	Proposal has no trading mode
PROPOSAL_ERROR_UNSUPPORTED_TRADING_MODE	12	Proposal has an unsupported trading mode
PROPOSAL_ERROR_NODE_VALIDATION_FAILED	13	Proposal failed node validation
PROPOSAL_ERROR_MISSING_BUILTIN_ASSET_FIELD	14	Field is missing in a builtin asset source
PROPOSAL_ERROR_MISSING_ERC20_CONTRACT_ADDRESS	15	Contract address is missing in the ERC20 asset source
PROPOSAL_ERROR_INVALID_ASSET	16	Asset ID is invalid or does not exist on the Vega network
PROPOSAL_ERROR_INCOMPATIBLE_TIMESTAMPS	17	Proposal terms timestamps are not compatible (Validation < Closing < Enactment)
PROPOSAL_ERROR_NO_RISK_PARAMETERS	18	No risk parameters were specified
PROPOSAL_ERROR_NETWORK_PARAMETER_INVALID_KEY	19	Invalid key in update network parameter proposal
PROPOSAL_ERROR_NETWORK_PARAMETER_INVALID_VALUE	20	Invalid value in update network parameter proposal
PROPOSAL_ERROR_NETWORK_PARAMETER_VALIDATION_FAILED	21	Validation failed for network parameter proposal
PROPOSAL_ERROR_OPENING_AUCTION_DURATION_TOO_SMALL	22	Opening auction duration is less than the network minimum opening auction time
PROPOSAL_ERROR_OPENING_AUCTION_DURATION_TOO_LARGE	23	Opening auction duration is more than the network minimum opening auction time
PROPOSAL_ERROR_COULD_NOT_INSTANTIATE_MARKET	25	Market proposal market could not be instantiated in execution
PROPOSAL_ERROR_INVALID_FUTURE_PRODUCT	26	Market proposal market contained invalid product definition
PROPOSAL_ERROR_INVALID_RISK_PARAMETER	30	Market proposal has invalid risk parameter
PROPOSAL_ERROR_MAJORITY_THRESHOLD_NOT_REACHED	31	Proposal was declined because vote didn't reach the majority threshold required
PROPOSAL_ERROR_PARTICIPATION_THRESHOLD_NOT_REACHED	32	Proposal declined because the participation threshold was not reached
PROPOSAL_ERROR_INVALID_ASSET_DETAILS	33	Asset proposal has invalid asset details
PROPOSAL_ERROR_UNKNOWN_TYPE	34	Proposal is an unknown type
PROPOSAL_ERROR_UNKNOWN_RISK_PARAMETER_TYPE	35	Proposal has an unknown risk parameter type
PROPOSAL_ERROR_INVALID_FREEFORM	36	Validation failed for freeform proposal
PROPOSAL_ERROR_INSUFFICIENT_EQUITY_LIKE_SHARE	37	Party doesn't have enough equity-like share to propose an update on the market targeted by the proposal
PROPOSAL_ERROR_INVALID_MARKET	38	Market targeted by the proposal does not exist or is not eligible for modification
PROPOSAL_ERROR_TOO_MANY_MARKET_DECIMAL_PLACES	39	Market proposal decimal place is higher than the market settlement asset decimal places
PROPOSAL_ERROR_TOO_MANY_PRICE_MONITORING_TRIGGERS	40	Market proposal contains too many price monitoring triggers
PROPOSAL_ERROR_ERC20_ADDRESS_ALREADY_IN_USE	41	Market proposal contains too many price monitoring triggers
PROPOSAL_ERROR_LP_PRICE_RANGE_NONPOSITIVE	42	LP price range must be larger than 0
PROPOSAL_ERROR_LP_PRICE_RANGE_TOO_LARGE	43	LP price range must not be larger than 100
PROPOSAL_ERROR_LINEAR_SLIPPAGE_FACTOR_OUT_OF_RANGE	44	Linear slippage factor is out of range, either negative or too large
PROPOSAL_ERROR_QUADRATIC_SLIPPAGE_FACTOR_OUT_OF_RANGE	45	Quadratic slippage factor is out of range, either negative or too large
PROPOSAL_ERROR_INVALID_SPOT	46	Validation failed for spot proposal
PROPOSAL_ERROR_SPOT_PRODUCT_DISABLED	47	Spot trading not enabled
PROPOSAL_ERROR_INVALID_SUCCESSOR_MARKET	48	Market proposal is invalid, either invalid insurance pool fraction, or it specifies a parent market that it can't succeed.
PROPOSAL_ERROR_GOVERNANCE_TRANSFER_PROPOSAL_FAILED	49	Governance transfer proposal is invalid
PROPOSAL_ERROR_GOVERNANCE_TRANSFER_PROPOSAL_INVALID	50	Governance transfer proposal failed
PROPOSAL_ERROR_GOVERNANCE_CANCEL_TRANSFER_PROPOSAL_INVALID	51	Proposal for cancelling transfer is invalid, check proposal ID
PROPOSAL_ERROR_INVALID_MARKET_STATE_UPDATE	52	Proposal for updating market state is invalid
PROPOSAL_ERROR_INVALID_SLA_PARAMS	53	Liquidity provision SLA parameters are invalid
PROPOSAL_ERROR_MISSING_SLA_PARAMS	54	Mandatory liquidity provision SLA parameters are missing
PROPOSAL_ERROR_INVALID_PERPETUAL_PRODUCT	55	Perpetual market proposal contained invalid product definition
PROPOSAL_ERROR_INVALID_REFERRAL_PROGRAM	56	Referral program proposal is invalid
PROPOSAL_ERROR_INVALID_VOLUME_DISCOUNT_PROGRAM	57	Volume discount program proposal is invalid
PROPOSAL_ERROR_PROPOSAL_IN_BATCH_REJECTED	58	One or more proposals in a batch has been rejected
PROPOSAL_ERROR_PROPOSAL_IN_BATCH_DECLINED	59	One or more proposals in a batch has been declined
PROPOSAL_ERROR_INVALID_SIZE_DECIMAL_PLACES	60	Spot market decimal places cannot be greater than the base asset’s decimal places

Vote.Value

Vote value

Name	Number	Description
VALUE_UNSPECIFIED	0	Default value, always invalid
VALUE_NO	1	Vote against the proposal
VALUE_YES	2	Vote in favour of the proposal

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