PathDAO Improvement Proposal (PIP) Process

PathDAO Improvement Proposals (PIPs) are proposals that in any form or shape aim to develop and expand the PathDAO ecosystem. The current proposal process consists of several steps summarized briefly.

Discussion

In this governance forum, anyone can start a topic carefully explaining their proposal allowing all other community members to respond to this proposal. Whenever a discussion receives enough traction and receives the support of core contributors, the proposal can move on to the next phase on snapshot for voting.

We advise to not rush proposals to voting on snapshot. For that matter, discussions must be up for a minimum of two days before they can be considered for voting.

Voting

The moment a proposal passes the discussion stage, a voting round commences using the Snapshot mechanism. This platform utilizes the token holders’ Path balance to calculate their voting right. A link to the dedicated proposal on Snapshot will be shared in the earlier created governance forum topic.

Implementation

Whenever the proposal receives a majority of the votes, the proposal will be implemented by the multi-sig signing.

Format of Proposals

To ensure consistency and clarity of proposals made, they have to be executed in the following format:

    1. Author - Describe who you are in the community (e.g. private backer, core team contributors, Venture Capital firm)
    1. Summary - Short tldr of the proposal
    1. Abstract/Details - Detailed content of the proposal, provide context at the start to help frame the discussion
    1. Rationale - Why are you proposing them, how does the DAO benefit
    1. Budget - What will be the cost to the DAO treasury
    1. Process - Suggested execution of the proposal (when, how, stages)
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