# ⚙️ Settings
Using the governance settings, you can adapt voting processes to optimally fit your circumstances.
# Vote Token
The default token used for voting on proposals. It can be a MultiversX ESDT (opens new window), NFT (opens new window), or even SFT (opens new window) collection. Everyone who owns at least one of the tokens automatically becomes a member of the Peering.
# Voting Period
The default voting period (in days) for proposals created within the Peering.
# Minimum to Propose
The minimum amount of tokens required to create a proposal.
# Minimum to Vote
The minimum amount of tokens required to vote on proposals.
# Minimum Attendance
The minimum of total FOR votes a proposal requires to succeed. Also known as Quorum. This is a hard limit in addition to achieving >50% of votes.