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Step 6: Voting configuration
Let’s check the voting rules!
In order for proposals to be executed, users need to vote. The club founder therefore needs to decide on the following configurations:

Voting configuration

This is the configuration that will be used for all of your future proposals if you do not set specific voting configurations.
Set the percentage of 'accept' votes that needs to be reached in order for a proposal to pass. Additionally, you need to define the maximum voting time. Note that the voting time can be set in the range from 7 to 30 days.

Withdrawal configuration

For the purpose of withdrawing funds and distributing the withdrawn amount, the club founder needs to set up the approval quorum and max voting time. If the voting configuration is not specified for the withdrawal proposals, the above set configuration will be used.

Trade approval configuration

Specific approval quorums for different investment ranges can also be defined as seen below. This voting threshold means that for each of the specified ranges, a different % of the approval quorum is needed.
In case you do not specify this configuration, the general voting configurations will be applied to your proposals.
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Voting configuration
Withdrawal configuration
Trade approval configuration