STP Governance Process

💡 Quick Start Guide

Step 1: Draft and Discuss Your Proposal

  1. Share your draft in the #proposal-discussions channel on Discord.

  2. For consistency, use this proposal template.

  3. Engage with the community to receive feedback and refine your proposal.

Step 2: Submit on Snapshot

  1. Ensure all questions and concerns from the community are addressed.

  2. Obtain a proposal number.

  3. Once ready, submit your proposal on Snapshot.

  4. Make sure you link the Discord proposal in Snapshot.

Step 3: Execute the Proposal

  1. Start working on the next steps as outlined in your proposal.

  2. Contact core contributors if you need help with specific tasks or resources.

  3. (Optional) If the proposal didn’t pass, seek feedback and try again!

Feel free to reach out to me on Discord (0xmentalist) or on Telegram (@mentalist0x) for any assistance with your proposals!

Overview

The STP network has implemented a transparent and community-driven governance process to ensure that all participants can contribute effectively to the DAO.

This guide outlines the steps to participate in the governance process, from ideation and discussion to voting and execution.

Governance Process

Step 1: Ideation and Discussion (Discord)

  • Create a New Topic: Proposers must create a new topic in the #Proposal Discussions channel on Discord.

  • Engage in Discussion: This channel serves as the hub for proposals. Contributors and participants can discuss details, ask questions, share feedback, and ratify the proposal before it goes to voting.

  • Follow the Template: All proposals must follow the proposal template. There are two types of proposals:

    • Community: Focuses on promoting/funding activities that grow the STPT community, improve visibility, or incentivize participation in ecosystem projects.

    • Protocol: Focuses on improving the STP protocol, including changes in governance processes, the DAO constitution, or additional measures.

  • Build Interest: Proposers are encouraged to reach out to contributors, token holders, etc., to discuss the proposal and build interest. This acts as a temperature check to ensure enough support.

  • Finalize and Assign ID: Once the proposal is finalized, it is assigned an ID by the steward, allowing it to move into the voting phase.

Step 2: Voting (Snapshot)

  • Create a Proposal: The proposer creates a new proposal on Snapshot.

  • Voting Period: The proposal is open to vote for 120 hours.

  • Delegate Votes: Token holders can delegate their votes to community members if they are unable to vote themselves.

  • Achieve Quorum: If the proposal achieves quorum, it moves to the execution phase.

Step 3: Execution

  • Cooldown Period: There is a 24-hour cooldown period after the proposal is passed.

  • Execute Next Steps: Once the cooldown period ends, the Next Steps section of the proposal is executed by the respective stakeholders.

Phase 2: Autonomous Execution

  • Automate Processes: In Q4 of 2024, we aim to implement Phase 2, which automates the execution of next steps for proposals involving smart contract changes/code execution.

  • Initial Testing: This will be initially tested with the STP Grant Program processes being fully automated.

Eligibility Criteria

Voting

  • Token Requirement: All token holders with more than 100 STPT tokens can vote on proposals.

Creating Proposals

  • Open to All: All token holders with more than 2000 STPT tokens can create proposals.

Governance Process Review

  • Continuous Improvement: The governance process will be evaluated and reviewed based on community feedback.

  • Feedback Implementation: Suggestions can be captured in the Discord thread and implemented in 2-month cycles.

How to Participate

  1. Join Discord: Participate in the #Proposal-Discussions channel to stay updated and engage in discussions.

  2. Follow the Template: Use the provided template to draft your proposal.

  3. Build Support: Discuss your proposal with the community to gauge interest and gather feedback.

  4. Submit for Voting: Once finalized and assigned an ID, submit your proposal on Snapshot for voting.

  5. Vote: Ensure you vote on proposals or delegate your vote if you are unable to participate directly.

  6. Monitor Execution: After a proposal passes, follow the execution process and provide any necessary support.

Join the #Proposals-Discussion channel to get started!

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