Vote
A vote is a share-weighted yes/no decision opened by a syndicate admin and decided by the equity members. Members with no shares never see a vote at all; visibility, not just the ability to cast a ballot, is limited to members who hold a share. Each equity member’s ballot counts in proportion to the shares they hold at the moment the vote closes, not at the moment they voted; if a member loses shares (or goes former) between cast and close, their ballot drops out of the tally.
A vote has three lifecycle states:
open: ballots can be cast and re-cast. The vote shows its turnout (for example, 1 of 3 shares have voted) and each member’s own weight, but not how anyone has voted. A private vote shows the same turnout: it says how many shares have voted, never which way.closed: the result has been computed and stored, together with the share counts behind it. No further ballots.cancelled: withdrawn by an admin before close, using the Cancel vote action. No result is recorded, and a cancelled vote cannot be reopened.
Each member sees only their own ballot, on any vote; while a vote is open, admins can see who has voted but never how. A vote is public by default: once it closes, everyone sees how many shares voted each way. An admin can instead open it as a private vote, which shows only the final outcome (carried or not carried) and the turnout, never how many shares voted each way. Whether a vote is private is fixed when it’s opened and can’t be changed afterwards.
Votes close either automatically at the date and time the admin chose, in the admin’s own timezone, or manually when an admin taps Close vote on the detail screen. Automatic closes are tallied promptly, within a few minutes of the chosen moment, so a vote can be opened for just a few hours as a quick-vote. Both paths use the same result calculation, so the answer is identical regardless of how the close happened. Every member sees the closing date and time in their own timezone, and a closed vote shows when it actually closed: the chosen date and time for a vote that ran its course, or the moment an admin closed it early. A cancelled vote cannot be closed afterwards. A vote closed before that moment was recorded shows only that it is closed.
Both paths also save the share counts as they stood at the close: the shares that could vote, the shares that did not vote and, on a public vote, the shares for each answer. A closed vote’s share breakdown is always those saved counts, so later changes to the membership never change how a decision was reported. A private vote saves no per-answer counts, since in a small syndicate they could reveal who voted which way; it shows its outcome and the turnout it closed with.
The threshold is a share-weighted majority: the vote passes if more than 50% of the total active equity shares are cast for Yes. Non-votes are an implicit No: silence is not agreement, and the denominator is the total share count, not the count of cast ballots.
Votes are always yes/no in this release; supermajority and unanimous thresholds are reserved for future use.