Proposals

Proposals for changes to agreements, use of community funds, etc. must be submitted through the community DAO. There are four types of proposals.

(1) Core proposals

Core proposals include changes to the governance process itself and to multiple signatures. This type of proposal can only be initiated by developers and foundation members.

(2) Protocol-level proposals

This proposal requires a user with 2000 veCrus votes to create it. This type of proposal includes proposals to change some important parameters of the protocol, as well as proposals for the use of Community, Treasury, and the allocation of incentives, which require a vote by the community DAO. After the vote is passed, it also needs to be acted upon by multiple signatures to follow the governance results. Multiple signatures are initially 3 out of 5, but can be modified by governance.

(3) General Proposals

Any community member Any community member can make a proposal by pledging a certain number of veCrus. The proposal can be voted by all people, and after the vote is passed, a foundation will review the proposal, and after the review is passed, the proposal will be executed and the locked veCrus will be returned to the user.

(4) Emergency Proposal

For emergency events such as theft of large assets or major vulnerabilities, the community can quickly deal with them through the emergency proposal channel. If a community member abuses the emergency proposal channel, the pledged veCrus will be forfeited and included in the community ecological fund. The emergency proposal process is as follows.

Personal emergencies: users pledge a certain amount of veCrus to initiate emergency proposals, which are promptly handed over to the Foundation for security hearings and disposed of by the community after voting.

Community emergency: for example, major events that endanger the security of the public chain will be handled by the Foundation's direct decision.