๐Ÿ—ณ๏ธProposal Process

  1. Submit a proposal to the DFX forum.

  2. Proposal is submitted to Snapshot for a vote.

  3. Wait for the voting time to lapse to see the result of the proposal.


Who can submit proposals?

  • Anyone can submit a forum proposal.

Note: Once you have submitted a proposal on the forum, it will be active for 3 days so that the DFX community can comment suggestions and cast a 'pre-vote'.


Who is eligible to vote?

  • Once a proposal is posted for voting, a 'snapshot' of all veDFX holders will be taken.

  • All of those addresses holding veDFX will be eligible to vote.

Two things to Note:

  1. You cannot purchase DFX, lock it for veDFX, and join an ongoing vote after it's been submitted on Snapshot.


How long is the voting period for a proposal?

  • Proposals will be open to vote on for a total of 3 days.

Note: Once the voting process is live, a proposal cannot be cancelled or withdrawn. Your options are limited to either voting "No" or "Abstain."


How can we determine if the proposal will pass or fail?

  • To pass and be implemented, a proposal needs at least 15% of the total veDFX supply to vote, with 66% of the votes in favor ("Yes" or "For").

Note: This is sometimes referred to as reaching ''.


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