This post is to update and consolidate the current SPS DAO Proposal guidelines into one location. There have been three proposals passed to modify the proposal process for the DAO since the release of the whitepaper and we'll go over each type of proposal and their associated requirements below.
It's important to note that the most recent of these proposals advised the Splinterlands team to move voting for Pre-proposals in-game. This means that there will no longer be a requirement for users to vote on or flag HIVE posts to use their SPS stake when voting on SPS governance Pre-proposals. Discussions about the Pre-proposals can still take place on their related HIVE posts.
Draft Proposal
A Draft Proposal is the first 7 day period of any SPS DAO Proposal's life cycle. During this time, discussions about the Draft Proposal should happen and the author can edit the Draft Proposal if they choose to do so. Draft Proposals may be edited by the author during this 7 day period.
Anyone can submit a Draft Proposal to the SPS DAO by transferring 100,000 DEC to null and then publishing a HIVE post from that same account with SPSPROPOSAL as the first tag and putting the transaction ID of the DEC burn at the top of the post. You can find an example Proposal here.
Update as of August 20th, 2024
At least 10% of staked SPS must vote on a Draft Proposal and at least 2/3rds of voting stake must be in favor of the Draft Proposal for it to advance to the Proposal stage after the 7 day Draft Proposal period is complete, at which time no further changes to the submitted Proposal will be accepted.
Proposal
Any successful Draft Proposal that advances to the Proposal stage will have a new 7 day voting period for the DAO stakeholders to accept or reject the final version of the Proposal. For a Proposal to be successful and have a passing vote, it requires at least 10% of staked SPS to vote on it of which a 2/3rds majority must be in favor of the Proposal.
DAO Sponsored Draft Proposal
Additionally, the SPS DAO has voted to empower the SPS Project Manager to create and run community-driven Draft Proposal to address ongoing issues or needed changes specifically related to the SPS DAO and the SPS token. For these Draft Proposal to be funded and advance to the full Proposal stage, they require that at least 10% of staked SPS votes on them of which a 2/3rds majority must be in favor of the Proposal. If they do not receive that level of support, the DAO will not burn 100,000 DEC and these DAO Sponsored Draft Proposal will not advance to the Proposal stage.