Proposals

Lifecycle of governance proposals

Discuss

The AMKT DAO Governance Forum hosts discussions about potential improvement proposals.

Proposal

Any AMKT holder may submit a proposal through Snapshot for consideration and voting. A minimum of 100 AMKT must vote to move the proposal to a vote. At the voting stage, a minimum of 2.5% of total AMKT supply must participate in the voting process in order to have a quorum. Once quorum is achieved, a proposal may pass by a simple majority vote.

Snapshot

The AMKT Snapshot space includes a view of proposals that can be voted on.

Implementation

Depending on whether the proposal included a code-level change or not, the proposal will either get implemented by the Governance Multi-Sig, or be implemented through Tally, which requires on-chain votes to be gathered: if the proposal has sufficient support to move to a vote, there is a four (4) day voting period. If the proposal is approved, it moves to the Timelock, where it remains for four (4) days before being implemented. All approved changes are implemented by the Governance Multi-Sig.