📘Proposals
Last updated
Last updated
Who can Submit a Proposal?
To submit proposals to the DAO you must enlist the help of a Guardian, or multiple Guardians. Only they can put a proposal forward, unless you are one of the top 20 dSDAO holders. Your Guardians can only take you to the gates, the Many will be the ones who vote on your proposal.
What should be contained in the Proposal?
The total supply of the investee protocol token .
The tokenomics.
The audit of the token and any contracts, if this token don't have audit please click none button, Note that unaudited tokens are very risky "Whether this project passes KYC and audit or not. Always DYOR."
How to Submit a Proposal?
On sinceredogedao.app, click the Proposals option at the top. This will take you to the Proposals page, where you can view pending, and closed proposals (both successful and failed), as well as submit your own (if you are a Guardian). If you aren't a top 20 dSDAO holder, you will need to enlist a Guardian to help you, and submit on your behalf.
A guardian can be an owner of a project or a follower who has a deep understanding of a project. Please leave your wallet address when submitting a proposal so that you will be rewarded once the proposal is approved. (Once your proposal is approved, you will get 1 BNB as a reward)
1.- On the first part of the Proposals submission page, outline the basic information about the project. Enter the name of the proposal/project, and a short description about what the proposal is, and why people should vote for it. Bear in mind the Many will vote on this, not the Guardians, so your proposal should have benefits that suit the interests of the stakers of $SDAO if you expect them to pass it.
2.- Under the description, you must upload your Whitepaper documentation as a link. This document must include key information related to your project, including tokenomics, current holders, your roadmap, as well as any fund raising details.
Provide social channels for the project. You should be able to demonstrate to the Many that there is an engaging community for the project, and that there are people interested and willing to invest. It's highly recommended to have at the very least, a Twitter, Telegram, and Discord channel. Medium is also recommended.
3.- After these, provide audit information for the contracts and token. Audits are the foundation of a trustworthy project, especially with the amount of rug pulls and honeypot schemes in the crypto space. However, some projects born in the community do not have audit information and need to be treated specially. Projects that are not provided with audit information will be alerted to risk Whether this project passes KYC and audit or not. Always DYOR.
The success of the proposal is based on the Many having confidence in your project, so that they will be rewarded with their allocation of the projects total supply. If the document is not well thought out, and you don't gain the trust of the Many, they may not see it as a worthy proposal.
