GuruDAO Bootstrap Phase

Summary

The proposal describes the governance process of the DAO

Background

The advised approach is based on the examples and best practices from other DAOs. The idea is to balance efficiency and process simplicity and create a straightforward lean process for the whole community. The process will help more people to engage in governance and reduce the time needed to make a decision.

Proposal

Any idea or initiative coming from a community member that is going to be a DAO wide rule must follow a governance process composed of several steps:

• Public Discussion and Temperature check
• Formal Proposal
• Voting

Public Discussion and Temperature Check

Any community member can bring up a GuruDAO related idea, problem, or proposal to the community for discussion. If they believe that DAO consensus on this idea is required, the proposer will initiate the discussion. It’s up to the proposer to get the momentum going.

In the case of active discussion, the proposer or active member can move the idea to the temperature check stage. A temperature check is a free form poll on discord or discourse that helps understand what the community feels about the initiative.

For the community’s convenience, the body of the poll should include:

• A description
• Key proposal features
• Short discussion recap

A temperature check can be launched in the free form of:

• Discord emoji voting
• Discourse poll on temperature check section

Timeline: no timeline

Requirements: no requirements

Platform: discord or discourse

Formal Proposal

After having reached a consensus on the Temperature Check, the initial proposer or another community member can submit the formal proposal to the governance forum. It’s up to the proposer to decide if a consensus around the topic is sufficient to move forward. It’s their responsibility to prepare the formal proposal.

The goal is to formally discuss the proposal and leave comments on the topic. Based on this discussion, the proposal is amended by the proposer to find consensus over the document.

The discussion period is at least 3 days(72 hours minimum). It may be more if there is active discussion - but no less. The proposer decides when or if the proposal is to move forward to the next step.

DAO contributors must use the following template when publishing a proposal on Discourse:

Title

• Short, clear description of the proposal
• Should include [proposal] tag

Summary

• Describe the proposal topic

Background

• What problem or opportunity are you looking to solve?
• Describe why the proposal is valuable to the community

Proposal

• Description of proposed changes

Specifications

• Technical details as applicable

Pros

• Reasons to vote for the proposal

Cons

• Potential reasons to vote against the proposal

Poll

• Temperature check voting, if it exists, and additional comments

Once we want to have all the proposals unified and standardized, it is important to meet the proposal structure. If the proposal doesn’t meet the required format, it’s within the purview of the authority of the discourse moderator to reject the proposal. In fact, it is the only reason to reject the proposal.

Timeline: 3+ days (72 hours minimum)

Requirements: The proposal should meet the requisite format and the Temperature Check link should be attached.

Platform: Discourse

Voting

Once the discussion has been done on the discourse, the initial proposer or another community member publishes the final version of the proposal on Snapshot.

The voting platform is based on Gnosis Safe + Snapshot and the Safesnap module, allowing execution of off-chain votes. In case the proposal involves on-chain action, the proposer should prepare the required transaction.

Timeline: 3 days (72 hours)

Quorum: At DAO Bootstrap Phase we expect a participation quorum of at least 10% of the total NFTs supply to pass any proposal successfully. For GuruDAO itself we should define quorum and proposals creation threshold after we figure out and discuss $GURU tokenomic.

Platform: Snapshot + Gnosis Safe.

Specifications

N/A

Pros

Straightforward governance process

Cons

Discuss the snapshot publishing threshold amount