TITLE: Proposal for urgent approval framework
AUTHOR(S): @exalted @Platone
PURPOSE AND VISION:
The initial design for the governance framework was to maximize the opportunity for comment on all proposals. It is clear that whilst we are still in our growth phase we need an optional and standardized “Expedited” governance process to make decisions quickly. This proposal suggests an alternative governance route. When posting a proposal the community would have to specify if they are applying for an Expedited governance process and request approval from the community via a poll on the forum.
The vision is to have this in place as an early-stage feature and phase this out as we grow and delegate more powers to sub-dao’s.
A quicker decision-making framework can enable the DAO to be more agile until more powers are delegated to the sub-dao’s.
The current framework is leading to longer lead times for decision making and particularly whilst we are in our growth phase it’s important to keep everyone engaged in conversation and make decisions quicker.
This proposal requests the introduction of an alternate pathway titled “Expedited Governance” that would have to be applied for on any relevant proposals via a poll on the forum.
It is important to note that consensus should still be reached, therefore mod powers will still be in place to ensure that all opinions have been answered appropriately. With that in regard, these timelines can be extended until consensus is reached.
Expedited Governance Framework: 1 day Draft where the poll takes place. If approved the following day (24h after posting) the proposal will move to be a Formal Proposal for 12h available for veto, following this period a vote will be conducted on Snapshot over 24 hours.
This would mean that Expedited governance works as follows:
Day 1: Draft Proposal 24h - Poll to “Grant”/”Reject” Expedited governance.
IF the Poll result is “Grant” the author can introduce a Formal Proposal.
The author tags a mod who assigns an E-LIP number (Expedited Lobis Improvement Proposal).
Day 2: Formal Proposal for 12h - available for veto comments.
IF there are no valid veto comments then a Snapshot vote will be conducted over 24 hours to “Accept”/”Reject” the details of the E-LIP.
If there are changes to be made to the draft proposal then it’s likely that it will be rejected for expedited governance.
If it passes the author will have an opportunity to rectify/implement changes to the proposal, it can’t move forward as a formal proposal for voting until these concerns are addressed and the consensus is reached.
Signal vote will require a quorum of 10% of staked LOBI (sLOBI) in order to be considered valid.
ROADMAP AND TIMELINE:
Formal Proposal live for 24h - available for veto comments. Then vote on Snapshot following this period.
24 h veto
2 days voting on snapshot
BUDGET: Not required