Hashgang: Welcome to the Hashflow Governance Forum!
This document details the process for developing and advancing Hashflow Governance Proposals. It is a living document that will be modified by the Hashflow team as the DAO structure and processes become formalized.
Proposal Process
Phase 1: Request for Comment
Community member creates forum post to gather initial comments.
Proposal maturity:
- It must be reviewed & commented on for a minimum of 5 days
- It must comply with the designated template
- It must contain all relevant information that would be in the HIP
- It must have thoughtful discussions addressing feedback from the community
Phase 2: Temp Check
After the 5 days comment period, community member can submit a first [Temp Check] vote on Snapshot (“Hashflow Temperature Check” project, URL = /hashflowdao-temp.eth) to gauge initial consensus:
- Voting period: 2 days
- Create poll: 5K veHFT
- Majority (50%) passes
- Quorum: 10K veHFT
Phase 3: HIP
If proposal passes the initial [Temp Check], it will advance and become “HIP”
- The forum post title tag will be updated to [HIP]
- User will incorporates any last iterations based on community feedback
Guardians:
- They are notified to approve or veto
- They will review the proposal to ensure that:
- the proposal doesn’t create a systematic risk to the protocol, and
- the proposal conforms to what was submitted in step #1.
- Need majority approval before it can be submitted by community for final vote
The same forum post remains open for minimum of 3 days before final vote.
Community submits final poll on Snapshot (“Hashflow” project, URL = /hashflowdao.eth):
- Voting starts after 48h
- Voting period: 3 days
- Create poll: 25K veHFT
- Majority (50%) passes
- Quorum: 25K veHFT
Phase 4: Implementation
Once voting concludes:
- If the HIP is rejected due to insufficient support, it can be resubmitted.
- If the HIP is approved, it will be routed to the Hashflow team for implementation.
