Proposal Finalization and Execution

After the voting period ends, proposals must be finalized to determine the outcome, then executed after the timelock passes.

Finalize Proposal

createFinalizeProposalInstruction

Finalizes a proposal after its voting period has ended. Determines whether the proposal passed or was rejected based on the rejection threshold. Anyone can call this instruction.

import { createFinalizeProposalInstruction } from "@exponent-labs/exponent-sdk/client/vaults";

const ix = createFinalizeProposalInstruction({
  payer: wallet.publicKey,
  vault: vaultAddress,
  mintLp: vaultMintLp,
  proposal: proposalAddress,
});

Accounts

Name	Signer	Writable	Description
`payer`	Yes	Yes	Transaction fee payer
`vault`	No	No	The vault account
`mintLp`	No	No	Vault LP mint (used to check total supply for threshold calculation)
`proposal`	No	Yes	The proposal to finalize

Execute Proposal

createExecuteProposalInstruction

Executes an approved proposal after the timelock period has passed. Applies the proposed VaultSettingsAction or PositionUpdate to the vault. Anyone can call this instruction.

import { createExecuteProposalInstruction } from "@exponent-labs/exponent-sdk/client/vaults";

const ix = createExecuteProposalInstruction({
  payer: wallet.publicKey,
  vault: vaultAddress,
  proposal: proposalAddress,
  exponentPrices: exponentPricesPda,
  systemProgram: SystemProgram.programId,
});

Accounts

Name	Signer	Writable	Description
`payer`	Yes	Yes	Transaction fee payer
`vault`	No	Yes	The vault account (modified by the proposal action)
`proposal`	No	Yes	The approved proposal to execute
`exponentPrices`	No	Yes	ExponentPrices account
`systemProgram`	No	No	System program

Cancel Proposal

createCancelProposalInstruction

Cancels an active proposal before execution. Only the vault manager (or Exponent sentinel) can cancel proposals.

import { createCancelProposalInstruction } from "@exponent-labs/exponent-sdk/client/vaults";

const ix = createCancelProposalInstruction({
  authority: wallet.publicKey, // manager or Exponent sentinel
  vault: vaultAddress,
  proposal: proposalAddress,
});

Accounts

Name	Signer	Writable	Description
`authority`	Yes	No	Manager (or Exponent sentinel) with cancellation rights
`vault`	No	No	The vault account
`proposal`	No	Yes	The proposal to cancel

Strategy Vault Basics

Vault Creation & Operations

Vault Strategy & Policies

Other Resources

Execute Proposal

Proposal Finalization and Execution

Finalize Proposal

createFinalizeProposalInstruction

Accounts

Execute Proposal

createExecuteProposalInstruction

Accounts

Cancel Proposal

createCancelProposalInstruction

Accounts

​Proposal Finalization and Execution

​Finalize Proposal

​createFinalizeProposalInstruction

​Accounts

​Execute Proposal

​createExecuteProposalInstruction

​Accounts

​Cancel Proposal

​createCancelProposalInstruction

​Accounts

Proposal Finalization and Execution

Finalize Proposal

createFinalizeProposalInstruction

Accounts

Execute Proposal

createExecuteProposalInstruction

Accounts

Cancel Proposal

createCancelProposalInstruction

Accounts