Draft Proposal - Addendum to Governance Process

GM Fox Fam!

After spending a few months elbow deep in the governance tracker, I noticed we have an opportunity to optimize this process. After some initial conversation during an AMA Lunch call, I am bringing this idea to the community for feedback. Once I have heard more from the community, I will place the your ideas into the official SCP format and move to ideation. I look forward to a lively discussion!


This proposal is to update our current governance process for clarity and standardization.

The original recommended first step was optional to allow more flexibility in the conversation as well as move governance forward quickly. Recently, the community has spoken and would like more time with the proposal.

Current Governance process tl;dr:

  1. Recommended: Post idea on the forum and get feedback from the community. Use this feedback to refine your proposal.
  2. Required: Once your proposal following the template 57 is drafted and ready to move forward, post it in the Proposal Discussion category for final feedback and include a For/Against poll 7 gauge sentiment.
  3. After 5 days in the Proposal Discussion category, if the feedback is overall positive and confidence that the proposal will pass is high, make your proposal 21 to the DAO

The current process can be found in its entirely here: https://forum.shapeshift.com/t/fox-governance-process/55


Proposed governance process tl;dr:
(All steps will be required)

  1. Incubation: Post idea to obtain feedback from the community. This feedback should be used to refine your proposal.
  2. Ideation: Format proposal into appropriate template (SCP or Workstream) and share final draft to gauge community sentiment.
  3. Voting: Voting will take place via Snapshot & Boardroom.

Details of proposed governance process:

  1. Incubation:
    • Post in forum.shapeshift.com
    • Posted under “Proposal discussion” category
    • No specific format required
    • Intent is to engage the community
    • Timeline: (See poll below)
    • No other requirement to move to Ideation
  2. Ideation:
    • Ideation proposal is posted to Boardroom (Note: this will take place on the forum until Ideation functionality on Boardroom has returned)
    • ShapeShift Community Proposal (SCP) format or Workstream Proposal format should be used
    • SCP number is included in title (SCP # can be obtained by reaching out to Miss, Tyler or Neverwas in the Governance channel)
    • Posted under appropriate category (listed below)
    • Proposal must be under ______ characters (Waiting to hear back from Boardroom on their limitation)
    • Voting is 1 vote per fox token (while ideation is still in the forum, any Forum user can vote)
    • Include link to the Incubation post
    • Must include for/against poll
    • Timeline: 48 hours? 5 days? (Poll below)
    • Proposal may move forward if the overall vote is positive after timeline specified above
  3. Voting:
    • Voting is available on both Snapshot and Boardroom (Boardroom is the interface to Snapshot
    • Voting is 1 vote per fox token
    • SCP # is included in the title
    • Include links to the Incubation and Ideation posts
    • Timeline: 72 hours
    • Quorum: A minimum of 4,000,000 FOX must participate in the vote for it to be considered ratified. (Soft quorum will still be in effect. For votes that do not reach quorum, assume that 70% of the votes necessary to achieve quorum would be against the proposal. If this would still result in a majority of votes being in favor of the proposal, the proposal can be considered passed.)

Other items of note:

  • Any proposals not following governance process will be asked to be removed.
  • All meaningful governance discussion should take place on this forum to ensure the community has full transparency.

Proposal categories:

  • Progressive Decentralization: Transitioning responsibilities and ownership of all ShapeShift operations to the DAO.
  • Partnerships: Developing mutually-beneficial partnerships and affiliate revenue opportunities with aligned DAOs and products.
  • Product (Features and Product): Planning the optimal feature roadmap for achieving ShapeShift’s vision as the open-source interface to the decentralized universe.
  • Engineering: Planning and executing the open-sourcing of all ShapeShift code and infrastructure. Developing new features, fixing bugs, and optimizing performance of ShapeShift’s web and mobile applications.
  • FOX Tokenomics: Evolving and enhancing FOX token utility and value accrual.
  • Marketing & Growth: Executing campaigns focused on growing the ShapeShift ecosystem.
  • Moderation: Supporting the community and maintaining the integrity of all ShapeShift various platforms such as Discord, The Forum, Boardroom and Notion.
  • Operations: Managing and optimizing ShapeShift’s operational processes.
  • Special Projects: Propose new workstreams to be added.
  • Customer Support: Delighting and education customers as they navigate and experience The ShapeShift DAO.
  • Information & Globalization: strategizing, implementation, and optimization of growth campaigns/initiatives for the ShapeShift DAO.

Polls

How long should each post remain in Incubation before moving to Ideation?

  • 2 days / 48 hours
  • 3 days / 72 hours
  • 5 days
  • Something else (post suggestion in comments)

0 voters


How long should each post remain in Ideation before moving to Voting?

  • 2 days / 48 hours
  • 3 days / 72 hours
  • 5 days
  • Something else (post suggestion in comments)

0 voters

4 Likes

Thanks @cryptmiss. I like the additional clarity the proposed process provides (how’s that for some schnazzy alliteration :slight_smile:

3 Likes

Note from @willy mentioned (and assuming he will expand on :slightly_smiling_face:)

  • Suggestion to have Incubation posts tagged under specific workstream category & Ideation posts tagged under Proposal discussion
3 Likes

Appreciate you pushing this forward @cryptmiss! I’ll do my best to share my thoughts in the forum, but maybe we can get this into a google doc to add suggestions and comments?

Here is a modified version of the tl;dr:

–

Governance process tl;dr:

  1. Incubation - [x day min]: Post your idea in the relevant Workstream on the forum to obtain feedback from the community. Include a yes or no poll in your post to measure community sentiment.*
  2. Ideation - 5 day min: Once incubation post has been live in the forum for x days and has majority upvotes, post a draft proposal in Proposal Discussion. Proposals must follow this template and include a yes or no poll. Proposals may continue to be refined based on community feedback during this stage.
  3. Voting - 3 day min: After 5 days in Ideation, if a draft proposal has more upvotes than downvotes, it can be posted to SnapShot for official vote.

*@cryptmiss Feel free to remove the poll/upvote requirement from the incubation step, but I think we may as well include if we’re making that step required. It’s helpful to know whether or not community members like your idea, and polls are a great way to measure.

–

Modified version of Ideation step:

  1. Ideation:
  • Ideation proposal is posted to Boardroom (Note: this will take place on the forum until Ideation functionality on Boardroom has returned)
  • ShapeShift Community Proposal (SCP) format or Workstream Proposal format must be used
  • SCP number is included in title (SCP # should be 1 greater than the most recent SCP posted in Proposal Discussion
  • Posted under appropriate category (listed below)
  • Proposal must be under ______ characters (Waiting to hear back from Boardroom on their limitation)
  • Voting power is calculated using the strategies defined on SnapShot, explained here (while ideation is still in the forum, any Forum user can vote)
  • Include link to the Incubation post
  • Must include for/against poll
  • Timeline: 48 hours? 5 days? (Poll below)
  • Proposal may move forward if the majority votes in favor after timeline specified above

–

Modified version of Voting step:

  1. Voting:
  • Voting is available on both Snapshot and Boardroom (Boardroom is another interface to Snapshot
  • Voting power is calculated using the strategies defined on SnapShot, explained here (while ideation is still in the forum, any Forum user can vote)
  • SCP # is included in the title
  • Include links to the Incubation and Ideation posts
  • Timeline: 72 hour minimum
  • Quorum: A minimum of 4,000,000 FOX must participate in the vote for it to be considered ratified.
  • Soft Quorum: For votes that do not reach Quorum, assume that 70% of the votes necessary to achieve quorum would be against the proposal. If this would still result in a majority of votes being in favor of the proposal, the proposal can be considered passed. See Soft Quorum Calculator

–

One additional note I’d like to add to this one:

Other items of note:

  • Any proposals not following governance process will be asked to be removed.
  • All meaningful governance discussion should take place on this forum to ensure the community has full transparency.
  • As FOX continues to expand across DeFi and across chains, the SnapShot voting strategy will be updated to grant 1 vote for 1 FOX wherever feasible.

–

Lmk what you think! Overall looks great, this is going to be a major improvement :fire:

2 Likes

I also think we should keep this section, which was originally forked from Gitcoin’s governance:

Conflicting Votes

From time to time there may be conflicting proposals. To avoid issues, the Ideation phase can also serve as time for anyone to list their preferred alternative option on the forum. Each proposal on an associate topic will have a [TOPIC] block placed in its title.

After that time, a formal proposal will be put forward including all options available to move forward with that received majority support in Ideation. This will ensure that everyone has the ability to surface their preferences while keeping decision timelines reasonably short.

Evolving Governance

Remember, this is a living document. If there’s anything you want to add or anything that’s unclear, please suggest it below or make an addendum proposal!

2 Likes

Thanks for the in-depth thoughts Willy! Your brain works differently from mine and that’s an awesome benefit to the DAO. :raised_hands:

A few thoughts in return…

Proposals may continue to be refined based on community feedback during this stage [ideation].

Once Ideation returns to Boardroom, my understanding is that proposals can no longer be modified as the Boardroom posting is not able to be edited. Let me know if I am misunderstanding.
Additionally, if we do have edits in Incubation, it damages the integrity of the poll. I may see the original Ideation post, vote for the proposal and it could be edited after my vote. This is likely a small risk, visiting Ideation isn’t the final step, but something to think about.

Include a yes or no poll in your post to measure community sentiment. [Incubation]

I do think the poll in incubation is redundant. But I defer to your thoughts on this. I can also put a poll up on this post to ask how the community feels about a poll in both Incubation and Ideation would be preferred. (Let me say poll one more time.)

SCP number is included in title (SCP # should be 1 greater than the most recent SCP posted in Proposal Discussion

My concern here is that if Ideation posts can not be edited and we post with the incorrect SCP #, it doesn’t not set us up for success. I think this step can be updated once we confirm that Ideation posts on Boardroom can or can not be update.

I also think we should keep this section, which was originally forked from Gitcoin’s governance.

Love the inclusions regarding voting power and keeping the additional items.

I really appreciate all of the feedback! I’m going to link this into general and governance today to get a few more eyes on it. I’m really hoping for more community engagement on this.

1 Like