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Anyone in the Dynamo Finance community can initiate a governance proposal. Proposals go through a structured lifecycle to ensure quality discussion and legitimate on-chain outcomes.

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Proposal Lifecycle

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1. Draft

The proposer drafts the proposal using the standard template (see below). This includes a clear title, motivation, specification of the proposed change, and any relevant risk analysis or data.
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2. Discussion on Discourse

The draft is posted to the Dynamo community forum (Discourse). The community discusses, asks questions, and suggests refinements. A proposal should remain in discussion for at least 10 days before moving to a vote.
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3. On-Chain Vote on Snapshot

After sufficient discussion and a temperature check, the proposal is submitted to Snapshot for a formal vote. The voting period lasts 7 days. Voting power is calculated based on DYNAMO token holdings at the snapshot block.
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4. Execution

If the vote passes (meets quorum and majority threshold), the approved action is executed. Currently, execution is performed by the core multisig. As governance matures, execution will migrate to on-chain timelocked contracts.

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Proposal Template

All proposals should follow this structure:

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Voting Thresholds

Proposals that have not completed the discussion phase on the forum will not be considered for a Snapshot vote. Always start on Discourse.