Five Stages of Tezos Governancefleeting
- External reference: https://www.tezosagora.org/learn
It looks like the Cooldown period is also called the testing period.
The self-amendment process is split into 5 periods: Proposal Period, Exploration Vote Period, Cooldown Period, Promotion Vote Period, and Adoption Period. Each of these five periods lasts five baking cycles (i.e. 40,960 blocks or roughly 14 days, 5 hours), comprising roughly 2 months and 10 days.
any failure to proceed to the subsequent period reverts the network back to a Proposal Period. In other words, failure to proceed restarts the entire amendment process.
Tezos amendment process begins with the Proposal Period, during which bakers can submit proposals on-chain using the proposals operation,
In the Exploration Period, bakers may vote on the top-ranked proposal from the previous Proposal Period using the ballot operation
At the end of the Exploration Period, the network counts the votes. If voting participation meets the quorum, and an 80% supermajority of non-abstaining bakers approves, the proposal proceeds to the Testing Period.
On-chain nothing specific happens during this period. Off-chain the delegates can read the proposal with more scrutiny, the community can discuss finer points of the proposal, the developers can perform additional tests, etc.
tezos protocol is active at the end of the adoption period
Adoption Period provides a “cool-down” allowing developers and bakers some additional time to adapt their code and infrastructure to the upgrade based on the results of the Promotion Vote Period. Adoption period: at the end of the period the proposal is activated as the new protocol and we go back to a proposal period.