# Governance
Governance is the process by which Terra network participants can effect change for the protocol, by collectively demonstrating consensus support for proposals.
# Proposals
Proposals start out as ideas within the community, and a member drafts it into a format and submits the proposal alongside an initial deposit.
Currently, proposals that can be automatically applied include:
ParameterChangeProposal
: changing of blockchain parameters (defined in each module)TaxRateUpdateProposal
: update Tax Rate monetary policy leverRewardWeightUpdateProposal
: update Reward Weight monetary policy leverCommunityPoolSpendProposal
: disbursement from the Distribution module's Community Pool
Other issues like large directional changes or decisions requiring human involvement (manual implementation) can be also be voted on, through submitting a plain TextProposal
.
Proposals are submitted on the network through creating a proposal, depositing some Luna tokens, and reaching consensus through a community vote.