Governance process

The Blastup DAO Governance Framework establishes the structured process by which proposals are introduced, discussed, and approved within the Blastup community. This page serves as the guiding set of rules for how the Blastup DAO operates, fostering a decentralized environment where governance is in the hands of the community.

Phase 1: Proposal Discussion Stage

1. Creation and Tagging of Proposals

   • Any proposal must be formattedd and contain information consistent with the proposal template

   • Any proposal must first be presented within the Blastup forum and tagged with [Proposal] to signify its intent as a governance proposal.

2. Discussion and Maturation

   • The proposal must undergo a discussion period where community members provide feedback, suggestions, and critique.

   • The authors of the proposal must conduct a self-assessment to determine whether the proposal has matured sufficiently to proceed to the next phase.

Phase 2: Community Voting Process

The voting process takes place on the BlastUP DAO page.

1. Voting Prerequisites

   • A minimum of 1,000 tokens required to create proposal and vote.

   • The proposal must meet a quorum of 30,000 votes.

   • The voting period shall last 7 days.

2. Proposal Submission Requirements

   • Voting System Compliance: Proposals must comply with the designated voting system appropriate for their type. One voting outcome must always be “Make no changes.”

   • Quorum Compliance: The proposal must achieve the quorum to be eligible for the next phase.

   • Title and Description: The proposal title must be identical to the forum discussion title, and the description must adhere to the provided template.

   • Linkage: The proposal must include a link to the original forum discussion page.

3. Voting Power Calculation

   • Token holders may vote using balance and staked $BLASTUP tokens, with one $BLASTUP token equaling one vote.

Phase 3: Council Voting

1. Council Composition and Voting

   • Following successful community voting, the proposal will proceed to the Blastup Council for final approval.

   • Each council member, including one representative selected community, shall have one vote.

   • The council is allotted a 5-day period to cast their votes.

2. Implementation

   • Proposals that receive council approval are passed for implementation according to the details outlined in the proposal.

The governance process is a subject for change.