# Changing the Composition of Indexes

Over time, the proportions in the indexes may begin to differ from the original ones, necessitating changes to the composition of the index. To address this, a voting procedure has been developed to make such changes. This allows index holders to actively participate in maintaining the integrity of their holdings by locking their index tokens into the voting protocol.

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<figure><img src="/files/Nql7CocVb9u3bYMKqxs7" alt=""><figcaption></figcaption></figure>

In the framework of the voting, decisions are made regarding the following:

* Adding new coins to the index.
* Changing the weight of existing coins.
* Removing coins from the index.

Payment for the blockchain transaction during rebalancing occurs at the expense of the assets in the index.

### <mark style="color:blue;">Voting process</mark>

The proposal to make changes can be made by:

* The creator of the index.
* A holder owns 15%+ of the index tokens.
* A group of holders collectively own 15%+ of the index tokens.

The voting process on the platform includes 4 main stages:

1. <mark style="color:blue;">**Soft Commit:**</mark> (14 days) Before the official proposal submission, all proposals go through a discussion stage on the forum. For the proposal to be submitted for official voting, the following conditions must be met:
   1. At least 15% of all token holders participated in the discussion.
   2. Out of the voters, 50%+1 voted "for".
2. <mark style="color:blue;">**Processing Queue:**</mark> (1 day) After the question is proposed for voting, it goes into a queue for processing by the platform.
3. <mark style="color:blue;">**Announcement:**</mark> (1 day) Once the platform accepts the proposal, an announcement is made to all index holders.
4. <mark style="color:blue;">**Voting Period:**</mark> (7 days) Voting for the proposal.

<mark style="color:blue;">**Validation and Decision:**</mark>

* The minimum number of votes for the voting to be considered valid is 30% of the total index tokens.
* If the proposal was made by the creator of the index, it must receive 50%+1 of the total votes in favor to be accepted.
* If the proposal was made by a large holder, it must receive 66%+1 of the total votes in favor to be accepted.

This structured process ensures that any changes to the index composition are made democratically and reflect the interests of the index holders.


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