Making Proposal
To create a proposal within the DAOFIN framework on the XDC Network, it's essential to understand the structured process that ensures proposals are thoughtfully prepared, submitted, and reviewed by the community. Here's a detailed guide on how to make a proposal, referencing the specific types of proposals mentioned:
Step 1: Identify the Proposal Type
First, determine which category your proposal fits into based on its purpose and requirements. The main types include:
Grant Proposal: For projects requiring funding to enhance the XDC Network, such as development projects, community engagement initiatives, or marketing efforts.
Decision Making Proposal: To suggest changes or new ideas related to the technical or business aspects of the XDC Network that do not require funding.
Updating Voting Periods: Proposals to adjust the duration of voting periods to better suit the DAO's needs.
Update Voting Settings: Proposals that seek to modify governance parameters, such as quorum and pass rate for each community.
Judiciaries Replacement: Aimed at changing the wallet addresses of judiciary members in line with DAOFIN's governance policies.
Changing Proposal Costs: Proposals to alter the cost associated with submitting proposals to the DAO.
Step 2: Prepare Your Proposal
Detail Your Idea: Clearly outline your proposal, including objectives, benefits to the XDC Network, and any specific requirements such as budget for grant proposals.
Align With DAOFIN's Goals: Ensure your proposal is in line with DAOFIN and the XDC Network's roadmap and values.
Gather Supporting Information: Collect any data, research, or endorsements that will strengthen your proposal and help the community understand its value.
Step 3: Submission Requirements
Draft Your Proposal: Follow the format specified by DAOFIN for proposal submissions, which typically includes a title, summary, detailed description, and any relevant supporting documents or links.
Specify Proposal Type: Clearly indicate which type of proposal you are submitting based on the categories provided.
Proposal Submission Cost: Make sure there is enough XDC tokens in the proposer wallet to cover submission cost. This cost is a mechanism to prevent spam and ensure proposers are serious.
Step 4: Submit Your Proposal
Use the DAOFIN Platform: Submit your proposal through the designated DAOFIN platform or submission tool, adhering to any guidelines and deadlines.
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