Discussion

The Proposer MAY update the Proposal Metadata during the discussion phase.

The Proposer SHALL NOT change the Proposal REQUIRED data (e.g., the requested amount) during the discussion phase.

To change the Proposal REQUIRED data, the Proposer MUST drop the Proposal Draft and open a new one.

Submission

The Proposer SHALL submit the Draft Proposal after the minimum discussion period (depending on the Proposal funding size).

The xGov Daemon MAY finalize the Draft Proposal if it becomes stale (the Proposer does not submit the Draft).

The Proposal Metadata SHOULD be submitted from the xGov Portal (front-end).

The Proposal MUST NOT be submitted without Metadata.

Upon proposal submission, a percentage of the Open Proposal Fee SHALL be transferred from the Proposal Escrow to the xGov Daemon to cover the operation fees.

📝 NOTE

The xGov Manager MAY update the percentage of the Open Proposal Fee transferred to the xGov Daemon.

xGov Committee Assignment

The xGov Daemon SHALL assign the xGov Committee of the Submitted Proposal.

The assigned xGov Committee MUST have the size (total members) and voting power (total votes) of the xGov Committee ID (see xGov Committee section).

The Proposal status MUST be set to Voting once the xGov Committee is completely assigned.

Voters

The xGov Committee Voters are represented by a set of Boxes on the Proposal Application (one box per xGov Committee Member), called the Voter Box.

The xGov Daemon SHALL create all the Voter Boxes once the Proposal is Submitted.

Voter Box MBR MUST be covered by the Partial Open Proposal Fee.

Voter Box ID is equal to [V||<xgov address>], where V is a domain separation prefix, <xgov address> is the same as used by the xGov upon subscription, and || denotes concatenation.

A Voter Box has the following ABI schema:

{
    "votes": "unit32",
    "voted": "bool"
}

Vote Opening

The Submitted Proposal MUST be promoted to Voting once the xGov Committee has been completely assigned.

The duration of the voting session depends on the Proposal funding sizes.

The Voting Proposal MUST stay open until either:

  • All the xGov Committee members have voted, or

  • The voting duration expires.