> For the complete documentation index, see [llms.txt](https://partyfinance.gitbook.io/polkaparty/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://partyfinance.gitbook.io/polkaparty/products/party-models/democracy.md). # Democracy Democratic parties are used to allow a group to have equal voting rights, regardless of who, where, and how much. Democratic parties are straightforward, everyone gets an equal vote. This type of party would traditionally be used where trading decisions need to be made on an infrequent basis. Democracies can only proceed with a decision once each member vote has been cast or the voting time limit has elapsed. Only 51% of a party must be in favour of a measure to let it pass. An example use case of this party might be for the purchase and fractionalisation of a singular high value asset, like a Bore Ape NFT or land in the Metaverse. *Your share of the party funds, is still a percentage based on how much you initially invest.* --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://partyfinance.gitbook.io/polkaparty/products/party-models/democracy.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.