FOX Governance Process
Jul 14, 2021

This document is a suggested process for developing and advancing ShapeShift Community Proposals. It is a living document intended to be owned, modified and enforced by the overall community. The FOX Governance process was last updated on March 20, 2023 in accordance with SCP-101 and SCP-97.

Governance process tl;dr

1. Incubation - 3 day minimum: Post your idea in the relevant Workstream on the forum to obtain feedback from the community, and drop a link in the #incubation channel in Discord to spread awareness. No specific template is needed.

2. Ideation - 5 day minimum: Once incubation post has been live in the forum for at least 3 days, post a draft proposal using this template in Proposal Discussion. Include a poll that's configured to calculate voting power with SnapShot, weight user's votes by the number of tokens the user holds, and to not have a quorum limit. Proposals may continue to be refined based on community feedback during this stage.

3. Voting - 3 day minimum, 60 day maximum: After at least 5 days in Ideation, if a draft proposal has more upvotes than downvotes, it can be posted to SnapShot for official vote.

Detailed process:

1. Incubation:

  • Post your idea in
  • Post under appropriate category (listed at the bottom of this proposal)
  • No specific format required
  • Consider posting a link to the forum discussion in the #incubation channel in Discord
  • Intent is to engage the community
  • Timeline: 3 days/72 hours
  • No other requirement to move to Ideation

2. Ideation:

  • Post a draft poposal in Proposal discussion category
  • Include link to the Incubation post
  • ShapeShift Community Proposal (SCP) format or Workstream Proposal format must be used
  • SCP number must be included in title (SCP # should be 1 greater than the most recent SCP posted in Proposal Discussion
  • Include a poll in the ideation post, and configure the poll to calculate voting power with SnapShot, weight user's votes by the number of tokens the user holds, and to not have a quorum limit
  • Poll must include three options:
    • For/Yes
    • For/Yes with amendments/changes
    • Against/No
  • Timeline: 5 days minimum
  • Voting power is calculated using the strategies defined on SnapShot, explained here
  • Proposal may move forward if the majority votes in favor when voting closes

3. Voting:

  • Post your finalized proposal to SnapShot following instructions found here.
  • Address must hold 10,000 FOX to create a proposal.
  • Voting is available on both Snapshot
  • Voting power is calculated using the strategies defined on SnapShot, explained here
  • Correct SCP # is included in the title
  • ShapeShift Community Proposal (SCP) format or Workstream Proposal format must be used
  • Links to the Incubation and Ideation posts are included
  • For proposals over 6400 characters (the current SnapShot limit), use and include link to IPFS pin.
  • Timeline: 3 day minimum, 60 day maximum

Ratifying proposals

Voting is powered by Snapshot. SnapShot enables foxes to vote on proposals by signing messages (free) rather than sending transactions (costly).

ShapeShift DAO currently practices Liquid Democracy, which means voting power is based on FOX held in wallets (or certain liquidity pools) as well as FOX delegated to the address used to vote. 1 FOX = 1 vote.

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

Other items of note

  • Any proposals not following governance process will 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.
  • 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!

Superseding Proposals

In order to supersede a past decision made by governance, the superseding proposal must explicitly state the name, the SCP#, and the portions of the proposal it supersedes.

Example: "This proposal supersedes [SCP-ABC] in its entirety."


"This proposal supersedes the budget section in [SCP-XYZ] and replaces it with the following"


If passed, this amendment will apply to all past and future proposals until it's explicitly superseded.

Conflicting Votes

Conflicting proposals are proposals that are active at the same time and address the same issue or are mutually exclusive.

In the case of a conflicting proposal, the Ideation phase can also serve as time for anyone to post their preferred alternative option on the forum. For the Conflicting Proposals process to apply, counter proposals must be published in Proposal Discussion before the Ideation phase of the original proposal concludes, and should include "[Counter Proposal to SCP-X]" where X is the corresponding SCP#. To avoid delays in the governance process, any counter proposal that follows the format requirements of Ideation and is published before the conclusion of the original proposal must be included as a voting option when the Original proposal is put up for final vote.

Proposal Execution

If your proposal requires transaction(s) to be executed from the DAO’s treasury, there are currently two options available:

Manual Multisig Execution: To have your transactions executed by the DAO’s multisig, post a message in the #Treasury channel in Discord with the following details:

  1. Desired date of execution
  2. Type of transaction to be executed (transfer or contract interaction)
  3. If transfer: amount, asset, recipient (ie. 1000, FOX, vitalik.eth)
  4. If contract interaction: contract to interact with, call, and inputs (ie. eth:0xE2aE37B8077CD3BC7ef1C6580f6dc93673078A01 (Olympus Bond Treasury), withdraw, _token(address): eth:0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48, _destination(address): eth:0x90A48D5CF7343B08dA12E067680B4C6dbfE551Be, _amount(uint256): 830168207423)

If you need help figuring out the details of the transaction(s) necessary to execute in order to enact your proposal, feel free to post a question in the #Treasury channel.

Automatic oSnap Execution: Community members can execute transactions for passed proposals autonomously by bundling transactions with proposals and by bonding 100,000 FOX tokens for 48 hours to DAO Treasury's oSnap module.

To execute transactions via oSnap, follow these instructions:

1. When creating a proposal on SnapShot, follow the instructions to include each transaction to be executed

2. Once a proposal including transactions has passed with Quorum, a button will appear on SnapShot to "Click to request proposal execution." Click this and follow the instructions to approve and bond 100,000 FOX Tokens for 48 hours.

3. After the 48 hour challenge period has ended, the button on SnapShot will update to "Execute transaction batch." Click to execute the transaction batch and to return the 100,000 FOX bond to the proposer.

Learn more about oSnap

This post has 8 histories
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jonisjonJul 14, 2021

Excellent, thanks for laying this out Willy! Look forward to contributing to governance via this process with everyone else!

TylerShapeShiftJul 27, 2021


Operations: Managing and optimizing ShapeShift’s operational processes.

I don’t see an Operations workstream in the main forum, but I see it is listed here. Is this something that still needs to be officially proposed to be added as a workstream?

willyJul 27, 2021

Whoopsies, I think I just forgot to create the workstream for this 😅 I’ll add it now and please feel free to define it

willyJul 27, 2021

Here you are ser Operations - ShapeShift DAO

willyJul 31, 2021

Nifty Soft Quorum calculator: Soft quorum calculator - Google Sheets
Plug in votes for and against to see if a proposal will pass under Soft Quorum.

Read More
VladhzcNov 7, 2022

🇧🇷 PT-BR

Este documento é um processo sugerido para desenvolver e avançar as Propostas da Comunidade ShapeShift.

É um documento vivo destinado a ser de propriedade, modificado e aplicado pela comunidade em geral. O processo de Governança da FOX foi atualizado pela última vez em 14 de março de 2022 de acordo com [SCP-97]

Processo de governança


1. Incubação - mínimo de 3 dias: Publique sua ideia no fórum de uma workstream relevante para sua idéia para obter feedback da comunidade e envie um link no canal #incubation no Discord para espalhar a conscientização. Nenhum modelo específico é necessário.

2. Concepção - mínimo de 5 dias: Assim que a postagem de incubação estiver ativa no fórum por pelo menos 3 dias, publique um rascunho de proposta usando este modelo na Discussão de Propostas. Em seguida, crie uma votação no SnapShot com um link para o rascunho da proposta no fórum e comece o título com “[Ideação]”. As propostas podem continuar a ser refinadas com base no feedback da comunidade durante esta fase.
3. Votação - mínimo de 3 dias, máximo de 60 dias: Após pelo menos 5 dias de Ideação, se uma proposta preliminar tiver mais votos positivos do que negativos, ela poderá ser postada no SnapShot para votação oficial.

Processo detalhado:

1. Incubação:

  • Publique sua ideia em
  • Poste na categoria apropriada (listada na parte inferior desta proposta)
  • Nenhum formato específico necessário
  • Considere postar um link para a discussão do fórum no canal #incubation no Discord
  • A intenção é envolver a comunidade
  • Cronograma: 3 dias/72 horas
  • Nenhum outro requisito para passar para Concepção

2. Concepção:

  • Postar um rascunho de proposta na categoria de discussão da proposta
  • Incluir link para a postagem de incubação
  • O formato de proposta da comunidade ShapeShift (SCP) ou o formato de proposta de WorkStream deve ser usado
  • O número SCP deve ser incluído no título (SCP # deve ser 1 maior que o SCP mais recente postado na Discussão da Proposta
  • Crie uma proposta no SnapShot com link para a postagem do fórum e comece o título com “[Ideation]”
  • O endereço deve conter 100 FOX para criar uma proposta.
  • Deve incluir três opções:
    • Sim sem emendas/alterações
    • Sim com emendas/alterações
    • Contra/Não

Cronograma: mínimo de 5 dias

O poder de voto é calculado usando as estratégias definidas no SnapShot, explicadas aqui

Proposta pode avançar se a maioria votar a favor no encerramento da votação

3. Votação:

  • Publique sua proposta finalizada no SnapShot seguindo as instruções encontradas aqui. Como alternativa, você pode usar o Boardroom, que é outra interface do SnapShot.
  • O endereço deve conter 100 FOX para criar uma proposta.
  • A votação está disponível em Snapshot e Boardroom
  • O poder de voto é calculado usando as estratégias definidas no SnapShot, explicadas aqui SCP#97
  • O formato de proposta da comunidade ShapeShift (SCP) ou o formato de proposta de fluxo de trabalho deve ser usado
  • Links para as postagens de Incubação e Concepção devem ser incluídos
  • Para propostas com mais de 6.400 caracteres (o limite atual do SnapShot), use e inclua o link para o pin IPFS.
  • Cronograma: mínimo de 3 dias, máximo de 60 dias

Ratificando propostas

O SnapShot e o Boardroom permitem que as raposas votem em propostas assinando mensagens (grátis) em vez de enviar transações (caro).

O ShapeShift DAO atualmente pratica a Liquid Democracy, o que significa que o poder de voto é baseado na FOX mantida em carteiras (ou certos pools de liquidez), bem como na FOX delegada ao endereço usado para votar.

1 FOX = 1 voto

Quorum: Um mínimo de 4.000.000 FOX deve participar da votação para que seja considerada ratificada.

Soft Quorum: Para votos que não atingem o Quorum, assuma que 70% dos votos necessários para atingir o quorum seriam contra a proposta. Se isso ainda resultar em uma maioria de votos a favor da proposta, a proposta pode ser considerada aprovada. Consulte Calculadora de Quórum Soft

Outros itens de nota

  • Quaisquer propostas que não sigam o processo de governança serão removidas.
  • Todas as discussões significativas sobre governança devem ocorrer neste fórum para garantir que a comunidade tenha total transparência.
  • À medida que a FOX continua a se expandir no DeFi e nas cadeias, a estratégia de votação do SnapShot será atualizada para conceder 1 voto para 1 FOX sempre que possível.
  • Lembre-se, este é um documento vivo. Se houver algo que você queira adicionar ou algo que não esteja claro, sugira abaixo ou faça uma proposta de adendo!

Votos conflitantes

De tempos em tempos pode haver propostas conflitantes. Para evitar problemas, a fase de Concepção também pode servir como tempo para qualquer pessoa listar sua opção alternativa preferida no fórum. Cada proposta sobre um tema associado terá um bloco [TOPIC] colocado em seu título.

Após esse período, uma proposta formal será apresentada incluindo todas as opções disponíveis para avançar com o apoio majoritário recebido na Ideação. Isso garantirá que todos tenham a capacidade de expor suas preferências, mantendo os prazos de decisão razoavelmente curtos.

GiantkinMar 20, 2023

May 20 2023, update to Ideation, using FORUM: gated (with weight based on snapshot)

0xFBLAug 24, 2023

Can we amend this process lightly? Changing step 2 to pulse checkwould be beneficial. I think many in the community have expressed confusion with the two statuses starting with [I] . I personally have made this error and think it would help a lot.

Read More
willySep 7, 2023

@0xFBL of course, just requires a proposal. Here a couple examples of past amendments to the gov process:

[SCP-60] - Proposal Addendum to Governance Process

[SCP-132] Amendment to the Conflicting Votes section of the FOX Governance Process

Fun facts: the name “Ideation” initially came from a feature that Boardroom created but was later sunset after the ShapeShift community’s usage of the feature triggered a bug related to storage capacity. The incubation stage was added a few months later in SCP-60.

0xFBLSep 7, 2023

Yep, was working of those for a SCP132 addendum. Cool history, wonder how boardroom is doing these days.

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