# Party Models

## Overview

Parties will consist of members, who deposit funds to the smartcontract, which in turn will issue them with proof of ownership in the form of liquidity tokens. Partygoers can withdraw funds at any time, by burning these liquidity tokens. Depending on which party model is initially chosen, parties will consist of members who have voting power and some who do not have voting power. All party members are able to contribute capital (in the form of USDC) to the party wallet, and gain the same % returns no matter their voting rights! Party members are still able to contribute their oppinion, without having voting power, using P2P chat functionalities.

Note: *Some of these features will not be available during initial platform release and will be added over time.*

{% content-ref url="/pages/-MXe6oRFitQY56OtzR74" %}
[Monarchy](/polkaparty/products/party-models/monarchy.md)
{% endcontent-ref %}

{% content-ref url="/pages/-MXe6hZV5kMI2svr6MdB" %}
[Democracy](/polkaparty/products/party-models/democracy.md)
{% endcontent-ref %}

{% content-ref url="/pages/-MXe6dooNOeT8EFeMmd6" %}
[Weighted Democracy](/polkaparty/products/party-models/weighted-democracy.md)
{% endcontent-ref %}

{% content-ref url="/pages/-MXe6lGFBb2a8qGaVOHL" %}
[Republic](/polkaparty/products/party-models/republic.md)
{% endcontent-ref %}


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