> For the complete documentation index, see [llms.txt](https://messier.gitbook.io/catalogue-de-messier/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://messier.gitbook.io/catalogue-de-messier/messier-dao/voting-and-rewards.md).

# Voting and Rewards

**Only the Halo has the power to vote on proposals, with each wallet or NFT granted one vote per proposal.** To participate, voters must have at least 8,700,000 M87 tokens staked. Rewards from successful proposals are distributed based on each wallet or NFT’s staked position along a linear bonding curve relative to its share in the rewards pool(s).

**When a proposal passes, an immutable smart contract executes a market buy of the token listed in the proposal using its address, then distributes the acquired tokens as follows:**

* **87%** is held in the treasury until the cycle ends
* **12.13%** is distributed to all stakers in the regular pool (including NFT holders)
* **0.87%** is reserved for NFT holders in an exclusive additional pool