🗃️Proposal Categories

When creating a proposal within our system, it's important to understand the various categories that determine the type, scope, and requirements of each proposal. Below is a breakdown of the proposal categories, which will help guide you in structuring your proposal according to the appropriate category based on risk and impact.

1. Low Risk Proposals

Description: Low Risk proposals involve activities that directly engage the community or alter less critical aspects of the protocol:

• Community Initiatives: Focuses on community engagement, education, and marketing efforts.

• Asset Inclusion or Delisting: Pertains to adding or removing verified pools within the protocol.

Requirements:

• Allowed Roles: Lead/Core Members

• Minimum Quorum: 5% of eligible voting participants.

• Minimum Votes: 50% majority needed to pass.

• Time Lock: Proposals have a maximum 1 epoch time lock before taking effect.

2. Medium Risk Proposals

Description: Medium Risk proposals affect significant operational aspects of the protocol that have moderate risk implications:

• Liquidity Incentives and Staking Programs: Adjustments to liquidity provision incentives and rewards.

• Parameter Adjustments: Modifications to key protocol parameters that govern operational dynamics.

• DAO Treasury and Financial Management: Decisions impacting the management of the DAO's treasury funds.

Requirements:

• Allowed Roles: Lead/Core Members

• Minimum Quorum: 10% of eligible voters.

• Minimum Votes: 50% majority required.

• Time Lock: Proposals have a maximum 1 epoch time lock before implementation.

3. High Risk Proposals

Description: High Risk proposals involve critical changes that can significantly impact the protocol's security, legality, and operational framework:

• Protocol Upgrades: Significant smart contract updates or changes.

• Security Measures: Enhancements to secure the protocol against potential threats and attacks.

• Legal and Compliance Issues: Adjustments ensuring compliance with legal and regulatory standards.

• Governance Process Changes: Modifications to the governance model, some of which may bypass voting.

• Risk Management Policies: Updates to strategies for managing systemic risks.

Requirements:

• Allowed Roles: Core Members only.

• Minimum Quorum: 15% of participation from eligible voters.

• Minimum Votes: 55% majority to pass.