> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dynamo.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Proposals

> Full lifecycle of a Dynamo governance proposal: draft, discussion, on-chain vote, and execution. Learn how to submit a proposal and where to participate.

Anyone in the [Dynamo Finance](https://dynamo.finance/) community can initiate a governance proposal. Proposals go through a structured lifecycle to ensure quality discussion and legitimate on-chain outcomes.

## Proposal Lifecycle

<Steps>
  <Step title="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.
  </Step>

  <Step title="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.
  </Step>

  <Step title="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.
  </Step>

  <Step title="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.
  </Step>
</Steps>

## Proposal Template

All proposals should follow this structure:

```text theme={null}
## Title
A concise, descriptive title for the proposal.

## Summary
One-paragraph summary of what is being proposed and why.

## Motivation
The problem or opportunity this proposal addresses. Include relevant data.

## Specification
Exact changes being made: contract parameters, amounts, addresses, etc.

## Risk Analysis
Potential risks or downsides of the proposed change.

## Timeline
Proposed implementation timeline if approved.
```

## Voting Thresholds

| Parameter          | Value                   |
| :----------------- | :---------------------- |
| Voting period      | 7 days                  |
| Quorum             | TBD (set by governance) |
| Approval threshold | Simple majority (>50%)  |
| Proposal threshold | TBD minimum DYNAMO      |

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