Proposal Checklist

Here's a snappy checklist to keep your proposal on track and looking sharp!

Prerequisites for Proposal Submission:

  1. vSpace Wallet Holding: Ensure you have a vSpace wallet with at least 0.2% vSpace holdings.

  2. Delegate if Necessary: If you don't meet the vSpace requirement, get a committee member or department head to submit the proposal for you.

  3. Secure Consensus: For proposals requiring DAO member participation, get their agreement beforehand.

  4. Compliance with MIP-1 & MIP-39: Your proposal must stick to MVC's rules and framework. Non-compliance needs a 75% consensus.

  5. Proposal Dependencies/Replacement/Exception: State any relation to previous MIPs clearly. Eg: Exception to MIP-39 require 75% consensus

Proposal Structure / Template:

  1. MIP Reference Number: Follow the sequence for naming your proposal (e.g., MIP-41 if the last was MIP-40).

  2. Voting Option: Provide clear options, like Yes or No.

  3. Name of the Proposal: A brief but punchy intro to your proposal's goals.

  4. Executive Summary/Objective: A snapshot of what you're proposing and why it matters.

  5. Key Proposal Details:

    • 5A) Motivation: Why is this proposal a win for the MVC community?

    • 5B) Implementation Plan: Lay out the steps, costs, manpower, and any third-party dealings, including legal docs.

    • 5C) Timeline: Detail the start, milestones, and end dates.

    • 5D) Overall Cost - Grant Request: How much funding you need and why.

Remember, the magic is in the details and making a compelling case for how your proposal benefits the MVC community. 🌟📈 Good luck, and may your proposal soar!


Other Genereal Remarks:

  1. Confirm Feasibility for Execution:

  • Engage in a discussion with department head to fill in any gaps in your understanding of the subject matter and gain neutral comments.

Evaluation of Feasibility Example: Link

  1. Voting on Chain - 7 Days.

https://www.show3.io/talk/channels/mvc.metaid/dao/proposal/index

  1. Follow Up After Approval:

  • Approved proposals may encounter a brief delay before initiation, typically ranging from 3 to 15 days. This allows time for necessary preparations, alignment with other ongoing tasks, or to address any unforeseen circumstances. Delays may extend further if third-party involvement is required.

If Your Proposal Is Rejected:

A) If your proposal faces rejection, it might be time to rethink your proposal or engage more with the community to gather feedback and build support.

B) Make the required adjustments, and consider resubmitting your proposal one more time.

B) Re-submitting a proposal is an iterative process that requires patience, persistence, and an open mind. By working closely with community to capture and integrate feedback, you can increase your chances of getting your proposal passed.

C) For guidance on resubmitting a proposal, refer to: Resubmitting a Proposal: A Step-by-Step Guide (https://www.show3.io/talk/channels/mvc.metaid/dao/proposal/index).

Resubmitting a Proposal: A Step-by-Step Guide: Link

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