Proposal checklist
Prerequisites:
Confirm you have a Space wallet address holding at least 0.2% vSpace governance coin. If not, consider delegating your votes to a delegate or committee member who can create a proposal on your behalf.
Identify Proposal Type:
Is your proposal Constitutional (Modifying the existing proposal/Material grant - requires 75% approval) or Non-Constitutional (requests general funds/grants or provides general guidelines or information to the community - requires 60% approval)?
2A. Is there any optional service inside the proposal with particular to those proposal excess 50K, unless necessity reason provided, please kindly seperate it into another proposal for clarification.
Craft Your Proposal Structure:
Executive Summary: Summarize your proposal in two or three punchy sentences.
Motivation: Make a compelling case for why the MVC community should implement your proposal.
Key Terms: Define any unique or industry-specific terms within your proposal. This section is optional but highly recommended for clarity.
Detail Your Content:
For builder proposals,. please describe the use case of the dapps you are trying to build in detail.
For exposure growth proposals, outline how your project will boost MVC's visibility.
Provide General Information:
Steps for implementation
Project timeline
Total grant amount & Please specify if payment by 'space' is accepted
Payment Emission Schedule
Include a disclaimer [Not an investment vehicle, no commission]
Share relevant social media platform links (Website, Github, Twitter, Youtube)
A clear milestone assessment report on a monthly and quarterly basis
Confirm Feasibility for Execution:
Engage in a discussion with a committee or admin to fill in any gaps in your understanding of the subject matter and gain neutral comments.
Evaluation of Feasibility Example: Link
Submitting the Proposal:
Post your idea as a draft proposal on the public MVCDAO governance forum. Encourage discussion and debate for 3 days to 1 week.
Voting:
For expenditures ranging from USDT 2,001 to USDT 30,000, an internal committee vote with a minimum of 4 members voting in favor is required.
For expenditures ranging from USDT 30,001 to USDT 120,000, DAO on-chain voting with 60% approval is required.
For expenditures exceeding USDT 120,001, DAO on-chain voting with 75% approval is required.
Follow Up:
Once a proposal has been approved, unless stated as urgent or otherwise, proposals may experience a slight pause in their commencement. This could usually range from 2 to 10 days, due to necessary preparations, other tasks in the pipeline, or unforeseen circumstances.
If your proposal is rejected, gather feedback, make necessary adjustments, and consider resubmitting. Remember, persistence is key! 🔑
Resubmitting a Proposal: A Step-by-Step Guide: Link
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