> For the complete documentation index, see [llms.txt](https://carbon.gitbook.io/carbon-equal-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://carbon.gitbook.io/carbon-equal-dao/littlepaper/carbon-equal-dao-improvement-proposals-cips.md).

# Carbon-equal-dao Improvement Proposals (CIPs)

Description and process for improving Pharos Protocol

Cips are the main process by which the community of CBD holders can make changes to carbon-equal Protocol.

Proposals move through the following stages: &#x20;

**Draft**&#x20;

A cip that is open for consideration and is undergoing rapid iteration and changes. It should have an open forum discussion on carbondao.cbd.money

**Last Call**&#x20;

A cip that is done with its initial iteration and fully specipied. At this point an cip is assigned a number, discord channel created and ready for snapshot. Snapshot should begin after at least 2 days of an cip being in Last Call

**Accepted**

A cip that has passed snapshot with 10M quorum and been fully resourced. At this point development should begin if it hasn't already.

**Final**

A cip that has been proposed on chain and succeeded

**Failed**&#x20;

A cip that has failed a snapshot or on-chain vote

Once a proposal reaches Final or Failed, any related threads and channels will be archived.

&#x20;

## **CBD Forum**

Add your cip draft to proposals using the following format:

**Summary:** A simple description of the proposal's end result and desired change; should be no more than a few succinct sentences.

**Abstract:** Clearly describe how the proposal wishes to change/improve the protocol.

**Motivation:** Explain why this proposal is necessary or useful for the protocol.

**Specipication:** A detailed description of parameters, implementation steps, any requested resources from the DAO, and a clear development plan

&#x20;

## **Snapshot**

Once a proposal reaches Last Call stage and has been there for at least 2 days, a proposal can be sent for a Snapshot Vote. Snapshot votes are non-binding and should have clear propositions. Quorum to move to Approved status is 10M CBD. Including options for "no" and "more discussions" is recommended.

&#x20;

## **On-Chain Proposals**

To make an on-chain proposal you require at least 2.5M delegated CBD. Proposals need to be developed and reviewed by the carbon-equal Core smart contracts team before being put up for vote.&#x20;
