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Governance Discussion and Voting
We use Forum for Governance Discussion and Proposal. If you are new, here are recommended topics you might find useful:
For Governance Proposal voting, you can visit Snapshot here. If you have never used Snapshot, you can learn how to Vote on Alpaca Improvement Proposal here.
When it comes to using Forum, we've got several rules and guidelines to ensure that the community can discuss and propose potential improvements in a positive way.
- This is a Civilized Place for Public Discussion
- Improve the Discussion
- Be Agreeable, Even When You Disagree
- Your Participation Counts
- If You See a Problem, Flag It
- Always Be Civil
- Keep It Tidy
- Post Only Your Own Stuff
As part of Alpaca Finance’s governance process, the community will be able to submit a Community Proposal to the forum, which other community members will be able to comment & discuss on.
To ensure that other community members will be able to provide constructive feedback on the proposal, the proposal should at least include all of the following components in the following order:
- 1.Summary: A one-liner that gets to the point and summarizes your proposal
- 2.Abstract: A paragraph summarizing what your proposal is about.
- 3.Overview: Paragraph(s) that explains your proposal in specific details. You should try to be as informative and specific as possible in this section. The more detailed, the better, as other community members will be able to provide constructive feedback on your specific points.
- 4.Motivation: Explanation of the motivation behind your proposal. Essentially, this component should explain why this proposal would be beneficial to Alpaca Finance and its community members/users
- 5.References: Any reference points that would substantiate your point/argument within the proposal
When creating a proposal, please also make sure to put the proposal under the correct sub-category. The full list of sub-categories are as follow:
- 1.Partnerships: Proposal on new grazing range partnerships and/or new partnership ideas
- 2.Farming & Lending Pools: Proposal on listing of new farming pools or lending pools
- 3.Product & Feature: Proposal on launching new products and/or features.
- 4.Prioritization: Proposal on re-prioritization of development effort
- 5.Warchest Fund Utilization: Proposal on utilization of Warchest Fund for strategic initiatives
- 6.Protocol Parameters: Proposal on adjustments to protocol parameters
- 7.Others: Proposal on topics not included in the sub-categories above
The forum is established as a space for Alpaca Finance community members to discuss and propose potential improvements that can be made to help ensure Alpaca Finance remains at the forefront of Leveraged Yield Farming Protocols.
Below is the process on how a governance proposal is put up for voting:
During Phase 1, community members will be able to put up a community proposal in our forum under the category called “Community Proposal & Discussion”. When creating a community proposal, be sure to put the proposal in the correct sub-category. The list of the sub-categories are as follow:
- 1.Partnerships: Proposal on new grazing range partnerships and/or new partnership ideas
- 2.Farming & Lending Pools: Proposal on listing of new farming pools or lending pools
- 3.Product & Feature: Proposal on launching new products and/or features.
- 4.Prioritization: Proposal on re-prioritization of development effort
- 5.Warchest Fund Utilization: Proposal on utilization of Warchest Fund for strategic initiatives
- 6.Protocol Parameters: Proposal on adjustments to protocol parameters
- 7.Others: Proposal on topics not included in the sub-categories above
Once a community proposal has been submitted, other members will be able to react and discuss the topic in the proposal. Proposals that receive the most traction from the community members will proceed to Phase 2.
For a guide on how to create a Community Proposal, please check "How to Develop a Community Proposal".
The team will then create a thread under the category called “Alpaca Improvement Proposal (AIP)” to consolidate the discussion on the specific topic. Community members will be able to participate in this phase by discussing the topic and provide feedback to help refine the proposal.
The refinement process from a draft proposal to the final version of the AIP will last 3 days to provide ample time for the community members to react. An AIP will need to receive at least 5% of upvotes (Quorum) from the total number of Forum members to be put up on Snapshot for voting.
Once an AIP has been finalized, it will go through the community voting process on Snapshot. The voting period will also last for 3 days to ensure community members have enough time to participate in the process. Once the voting period concludes, the development team will take action according to the consensus of the community.
Last modified 6mo ago