Proposal Lifecycle

To ensure structured and effective DAO governance, proposals follow a multi-phase submission, review, and approval process.

To submit proposal, the creator must have at least 200,000 ZFI staked (stZFI).

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The process consists of two main phases:

Phase 1: FIRST CHECK

Objective: Assess the initial interest and feasibility of the proposed idea.

Title: [FIRST CHECK] Proposal Title
Author: Author Name / Entity
Date: YYYY-MM-DD
Summary: Brief description of the proposal.
Motivation: Detailed explanation of the proposal and potential benefits.

Phase 2: ZIP (Zyfai Improvement Proposal)

Objective: Submit the finalized proposal for an official vote and ensure implementation if approved.

Title: [ZIP] Proposal Title
Author: Author Name / Entity
Date: YYYY-MM-DD
Summary: Brief description of the proposal.
Motivation: Detailed explanation of the proposal and potential benefits.
Specifications: Detailed technical description of the proposed changes.
Costs: Estimated costs associated with the implementation.
Implementation Plan: Details on the implementation, including timeline, contingency plans, and target dates.
FIRST_CHECK Link: [Link to the corresponding FIRST_CHECK proposal]