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  1. Nov 2019
    1. To submit a proposal, a user must bond a set num-ber of Audius tokens (denotedBGP) in the governancesystem, which remain bonded for the duration of theirproposal. Before a proposal's e ective date, the origi-nal submitter can also choose to withdraw the proposalif they so choose, returning their bonded tokens. Thisbond is required as an anti-spam measure and to ensurethat proposers to have a sucient stake in the Audiusprotocol to make changes to it. At the proposal's res-olution (successful, failed, or withdrawn), the bond isreturned to proposal submitter.