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:

Draft

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

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

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.

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

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.

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.

Last updated