Join the DAO discussions on G DAO Forum Check live snapshot proposals on Snapshot
G DAO is managed by G stakers. G stakers have the ability manage funds held by the Galxe & Gravity Community Treasury. All proposals need to go through a three-step process described below. In order for a proposal to pass, it must have over 50% passing votes with endorsement from wallet addresses staking at least 120,000,000 G, with delegation allowed. When a proposal is passed, the changes will be implemented by Galxe’s operation team and signed by the multi-sig, if necessary.
1

Proposal

All proposals need to go through the following process:Phase 1: Proposal Temperature Check - ForumThe purpose of the Temperature Check is to determine if there is sufficient will to make changes to the status quo. To create a Temperature Check for your Proposal, follow the Proposal Template and post on the DAO Governance category on G DAO Forum.Proposal Template:
  • Abstract
  • Motivation
  • Specification
    • Overview
    • Scope
    • Success Criteria
    • Timeline/Budget
    • References
The temperature check must be held for a period of at least 5 days. If feedback is sufficient, the proposal can move to Phase 2.Phase 2: Vote — SnapshotOnce your proposal has passed the temperature check, you can work with the operation team to schedule a snapshot vote. The snapshot vote will last for 5 days. In order for a proposal to pass, the GP must have:
  • Over 50% passing votes
  • Endorsement from wallet addresses staking at least 120,000,000 G
  • If the proposal is asking for funds less than $50,000 or does not implement significant change to the token/contract, the quorum for the vote is 12,000,000 G
2

Implementation

When a proposal is passed, the changes will be implemented by Galxe’s operation team and signed by the multi-sig, if necessary.
3

Multi-signature Signers

The multi-signature wallet signers are selected and voted in by $G stakers after token generation event. They are also subject to change from future governance votes.