# Governance

## Voting System

We implement another important feature of shares, voting rights.

> With voting rights we want to give a large part of the control to the AID Community, within a regulated framework.

An important design consideration was to ensure that voting is not just a privilege for the whales, as it is on Wall Street in traditional stock markets.

Therefore, every [AID Token](https://docs.newliveaid.com/ecosystem/aid-token) holder has voting power (vp), at a ratio of

$$
1AID = 1vp
$$

### Voting Frequency

Voting will take place at certain intervals (expected to be 6 months).

### Call For Vote

We will make the call for votes public through our official channels. Only those who hold [AID Tokens](https://docs.newliveaid.com/ecosystem/aid-token) for the appropriate period of time will be eligible to vote, so we will try to filter out pump and dump actions when we get near to voting.

{% hint style="info" %}
For example, community votes on what the income from the [Charitable NFTs](https://docs.newliveaid.com/ecosystem/divisions/aid-charity) should be donated to, and where to plant trees in our next planting project.
{% endhint %}

### Eligibility to vote

You have to hold AID Token before the voting takes place for at least 6 months.