Kromatika Finance
  • KROMATIKA — Next Generation DEX Trading
    • Overview
    • BUIDL Plan
  • Fundamentals
    • How It Works?
      • Uniswap V3
      • Chainlink Keepers
      • Processing Limit Orders
      • Maximum Service Fee
    • Deck
    • White Paper
    • Kromatika DAO Manifesto
      • What is a DAO?
      • Proposal Submission Guide
      • Kromatika DAO Guilds
      • Kromatika DAO Incentive Structure
    • Optimism Grant
  • $KROM token
    • Tokenomics
      • Buybacks
      • Contract addresses
    • Treasury Overview
      • Vesting
    • KROM Celer Bridge
  • Security
    • CertiK Audit
    • Rug-pull Prevention
  • Kromatika dApp 2.0
    • Introducing Kromatika dApp UI 2.0
    • Tutorials
      • How to use FELO
      • How to use Swap
      • How to use Gasless
        • What does "Switch to WMATIC or wrap your MATIC" mean?
      • How to use Perpetuals
  • Guides
    • Tutorials
      • How to use the dApp
      • Bridge via Celer Bridge
    • Listings
      • Supported Wallets
    • FAQ
  • About
    • Team
    • Links
    • Brand Logo & Guidelines
    • Partners & Achievements
Powered by GitBook
On this page
  1. Fundamentals
  2. Kromatika DAO Manifesto

Proposal Submission Guide

Here you can find our step by step guide to submit .

PreviousWhat is a DAO?NextKromatika DAO Guilds

Last updated 2 years ago

Governance step by step

1. Create a new proposal on discord using the [KCP] Template

2. The community discusses and gives feedback on the submitted proposal for a week(7 days). The feedback and discussion take place on discord .

3. () Kromatikans, we will be following a temporary temperature check process until delegates are chosen. If you agree with a draft proposal, use the symbol to signify yes. If you do not agree with a draft proposal, use the X symbol to signify no.

3. a) After feedback has been given and the proposal updated (if needed), the delegates signal that the proposal is ready to go to snapshot voting and they are willing to support it. This signaling can be done simply by each delegate posting a text message that they approve the proposal. This signaling phase is often known as the “temperature check” phase and lasts for a week.

Example of delegate’ approval message: I am a Kromatikan delegate with sufficient voting power and I believe this proposal is ready to move to a vote.

b) For a proposal to go through to snapshot voting, it should pass the delegate voting as follows: At least 3 delegates, each with a minimum of 50000 $KROM voting power need to sign in agreement of the proposal on Discord. (Voting power = KROM held by an individual + KROM delegated to the individual if the said individual is a delegate.)

c) To become a delegate join discord . If you choose to assign your voting power to a delegate that aligns with your views click . If you are a $KROM holder and don’t want to delegate your voting power to anyone, you can either participate in governance yourself or contribute by snapshot voting on proposals that pass the “temperature check” phase.

4. If the proposal is approved, it moves to the next phase as follows: An official proposal will be created on whereby the community votes. The voting period lasts for a week (7 days).

5. If the proposal gets approved by the community through snapshot voting, the approved proposal will be added as a task on dework.

6. Now, the proposal has officially turned into a task that must be executed. The progress of this task will be transparent and viewable by the community on .

Please note that the Kromatika DAO governance is an ever evolving process.

Be a part of this evolution. Submit proposals, become a delegate and vote.

gov-discussions
gov-discussions
Amendment made 28/10/2022
gov-delegates
assign-power
Snapshot
dework
:dKrom: