Stage 1: Pre-Proposal Poll

The purpose of the Pre-Proposal Poll is to introduce a governance issue to the community, gauge community sentiment, and determine if there is enough support to move forward with the drafting of an initial proposal. Pre-Proposal Polls can only pass to the Draft Proposal stage if they have accumulated a threshold of at least 500K VP. A poll that reaches at least 500K VP and does not garner a majority of participating voting power, may still advance to the Draft Proposal stage - ensuring all issues with enough support have an initial pathway toward passage into policy.

Polls do not need to be composed in any specific form. They can be drafted in the full proposal format, or be presented as a straightforward question. Polls are currently the only option we have for governance issues that fall outside the established categories (Grants, name ban, catalysts and POIs).

• Submission Threshold: 100 VP (i.e. equivalent to one name)
• Passage Threshold: 500K VP
• Voting Period: 5 Days

Stage 2: Draft Proposal

The purpose of the Draft Proposal is to present a potential policy to the community in a structured format and to formalize discussion about a proposal's potential impacts and implementation pathways. Draft Proposals must be structured in a particular form (see Annex 1), and can only pass to the binding Governance Proposal stage with a simple majority (51%) of participating voting power with a threshold of at least 1M VP. A Draft Proposal that fails or does not reach this threshold can be amended and resubmitted one time.

• Submission Threshold: 1,000 VP (or delegated VP)
• Passage Threshold: 1M VP
• Voting Period: 1 Week

Stage 3: Binding Governance Proposal

The purpose of the Governance Proposal is to formalize the passed version of a Draft Proposal into a binding governance outcome. Only established or recognized community members can submit Governance Proposals, which are only passed if they reach the needed acceptance criteria for their category. In the interim period before new voting categories have been established (and for proposals that do not have a pre-set category) a Governance Proposal must receive a simple majority (51%) of participating voting power and at least 6M VP to pass as a binding decision.

Processes and thresholds for established categories will not be changed as part of this proposal. Meaning, the process for grants, POIs, etc… will remain unchanged. Additional categories for specific types of issues, e,g, “fee structures,” will be proposed, and relevant processes and thresholds developed.

Governance Proposals must be structured in a particular form (see Annex 2).

• Submission Threshold: 2,500 VP (or delegated VP)
• Passage Threshold: 6M VP (or needed acceptance criteria for their category)