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NFTX · closed proposal

XIP#1 - Implement standard Governance process and proposal format

0x9511…d4cf·ended 5y ago·LOW RISK
Voters
74
NFTX voted
81.08K
Token price

AI summary

This proposal, XIP#1, aims to standardize how governance proposals are created and voted on within the NFTX DAO. It introduces a mandatory format for all proposals, including sections like 'Summary,' 'Rationale,' and 'Effect,' and outlines a clear step-by-step process from initial discussion on Discord to final voting on Snapshot and Aragon. The goal is to make the decision-making process more transparent, efficient, and accessible for all members.

Impact

If passed, all future NFTX proposals will follow a consistent structure and flow, making it easier for community members to understand and engage with governance. This benefits all participants by fostering clearer communication and potentially more effective decision-making, though there's a slight risk that opinions with less voting weight might gain disproportionate influence.

Read full proposal on Snapshot

Voting results

FOR: Implement process81.08K (100.0%)
AGAINST: Disregard proces0 (0.0%)
81.08K NFTX · 74 votersblock 11861414

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Full proposal

Original markdown · NFTX

Author

  • Finesseboi

Glossary

  • DAO
  • Quorum

Summary

  • Implement standard operating procedures for governance.

Rationale

  • Goals of a Good Governance Process:
  • Make good decisions.
  • Governance process should be transparent and clear.
  • Encourage contribution and involvement.
  • Make sure opposing views can be heard and considered.
  • Make sure a proposal is technically feasible.
  • Keep the governance process moving and free of gridlock.

Effect

  • Opportunity
    • Proposals will be standardized and decision making can be more effective.
    • Increased Transparency and i…

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