👍Phase 3: Signal Voting
Last updated
Last updated
In this Phase, you will submit your Proposal that has Discord community support for signal voting. Signal voting is a gasless voting mechanism (via Snapshot) to gauge community approval, before it moves to on-chain voting.
Who can propose?
Only SWINGBY holders who have staked their SWINGBY on the DAO UI & have at least 260,000 vSWINGBY can propose a proposal.
If you are proposing a proposal, but do not meet this requirement. Please inform a moderator to help get your proposal published.
Who can vote? All SWINGBY holders who have staked their SWINGBY on the DAO UI & have vSWINGBY (voting power) can vote on the Snapshot. For tutorials on how to stake SWINGBY, please check out this document.
In this step, please create a new Proposal on the Swingby Snapshot page.
Enter the same title and description as your GIthub SWIP title and Final Proposal description.
Include a link to the Discord discussion thread, as well as your Github PR link.
Once this proposal is live, please paste the Snapshot link in your Discord discussion
When a Social Ratification Proposal has quorum of 45% and >60% votes in favour, the Proposal is considered passed and executed. The various workstreams and stakeholders should start putting the proposal into action.
When an On-chain or Governance proposal has quorum of 45% and >60% votes in favour, the Proposal should be ready for Phase 4: Onchain-Voting.
