Enabling All Members to Submit Proposals on Snapshot
Objective
Empower all Conic DAO members who meet the vlCNC balance requirement to submit governance proposals on Snapshot, ensuring true decentralization and democratic governance within the DAO.
Background
According to the current Conic DAO documentation:
Proposal Submission: “In order for a Conic governance proposal to be eligible for voting, a proposal must first be published on the Conic Discourse. Proposals that are posted on Snapshot without an accompanying Discourse post will be terminated by the core team. It is recommended that users wait 3 days after submitting their proposal on Discourse before posting it on Snapshot. This time will allow for the community to provide feedback and allow for a more concise proposal to be published on Snapshot.”
Minimum vlCNC Balance: “In order to post a CIP on Snapshot a user must have a minimum balance of 3,000 vlCNC.”
However, in practice, only core team members are currently able to submit proposals to Snapshot. This creates a situation where the core team has complete control over which proposals are voted on, undermining the principles of decentralization and democratic participation that are fundamental to a DAO.
Issues with Current Process
Centralized Control:
The core team’s exclusive ability to submit proposals to Snapshot means they have ultimate control over the governance process, deciding which proposals are put to a vote and when.
This centralization contradicts the core principle of decentralization, where every member should have a voice in the governance process.
Delays and Gatekeeping:
The core team can delay the submission of proposals to Snapshot, effectively gatekeeping the decision-making process.
This can lead to frustration within the community, as important proposals may be stalled or ignored.
Inaccurate Documentation:
The documentation currently states that any user with a minimum balance of 3,000 vlCNC can post a CIP on Snapshot. This is not the case in practice, creating confusion and undermining trust in the governance process.
Proposal
Allow All Eligible Members to Submit Proposals on Snapshot
To ensure true decentralization and democratic governance, it is proposed that any member who meets the minimum vlCNC balance requirement of 3,000 vlCNC should be able to submit governance proposals on Snapshot.
Benefits of Implementing this Change
True Decentralization:
Allowing all eligible members to submit proposals will distribute power more evenly across the community, reflecting the core principles of a DAO.
This change will prevent the centralization of control within the core team and ensure that the community’s voice is adequately represented.
Increased Transparency and Trust:
By enabling all eligible members to submit proposals, the governance process will become more transparent. Community members will see that their voices and ideas can directly influence the DAO’s direction.
This will build trust within the community, as members will feel more empowered and engaged in the decision-making process.
Enhanced Participation and Engagement:
Removing the barrier for proposal submission will encourage more members to participate actively in governance, leading to a more vibrant and dynamic community.
Diverse perspectives will contribute to more robust and well-rounded decision-making.
Adherence to Documentation and Principles:
Updating the process to align with the documented requirement of a 3,000 vlCNC balance will correct the current discrepancy and reinforce the integrity of the governance process.
Ensuring that the DAO operates according to its stated principles and documentation will enhance credibility and accountability.
Conclusion
For Conic DAO to truly embody the principles of decentralization and democratic governance, it is essential to allow all eligible members to submit proposals on Snapshot. By implementing this change, the DAO will become more transparent, inclusive, and engaging for all its members. This proposal ensures that the governance process is aligned with the documented requirements and principles, fostering a stronger and more resilient community.
Ultimately, the amount of vlCNC required to post a snapshot is not only a democratic decision but its a security issue as well. If their is large support for a fundamentally feasible market that the team supports building. I believe it surface on its own. I understand your frustration with the lack of transparency and protocol direction.
What exactly counts as a “spam” or “hostile” vote? Is it just something you don’t agree with? Are you saying that if someone has 10k, 100k, or even 1 million vlCNC, they shouldn’t be able to put up a vote on Snapshot? Isn’t the whole point of a DAO to let the community decide what’s good or bad by voting?
When you say, “There needs to be a valid gateway,” that sounds like you’re suggesting the team should control what gets through, then the decision power is with the gatekeepers (team), not the DAO members. If the community can’t propose things freely, then it’s the team calling the shots, not the DAO members. Isn’t that kind of the opposite of what a DAO is supposed to be about? The whole idea is that the community votes on proposals, not that a team filters them first.
Plus, the docs say anyone with over 3000 vlCNC should be able to put up votes on Snapshot after posting on Discourse.
A DAO is supposed to let token holders or lockers make decisions together. It doesn’t matter how many tokens you have—everyone should be able to propose and vote.
Just look at how Curve does it! No questions… anyone with 2500 veCRV can create proposals and it’s up to the DAO to vote on it.
Look. I understand your POV. The protocol isn’t ready for it at the moment. Let the team build . Revenue flowing. There is no economic activity right now. Last thing it needs is developers carrying out busy work for pointless governance tasks. As to getting a vote going- if consensus is reached amongst the board for a Omnipool- I see no reason why an Omnipool would be put to vote. But that requires liquidity to back it as well, which currently looks like it’s pretty dry for most vlcnc holders
Ah, I see. So we’re in the ‘let them cook’ phase. Totally get it. Nothing should be voted on in the meantime to try and get the DAO working as a DAO should! Let the team choose what vlCNC holders can and can not do. Because that’s how a DAO works!
“If consensus is reached by the board” (who are they), we don’t need a vote? That’s an interesting take on a DAO. I guess “consensus” comes from Discord chats, Discourse threads, or maybe just the board’s magic eight-ball? Not everyone’s glued to Discord 24/7. I thought in a decentralized world, we actually vote on things, but maybe I missed the memo.
And about the Omnipools needing liquidity from vlCNC users—really? Isn’t most of the liquidity sitting pretty on Curve? If Conic actually starts thriving and behaving like a DAO, people might just start to trust and move their assets over. No need to hold off on setting up an Omnipool just because the liquidity isn’t flowing from Conic users yet. And how do you know what liquidity vlCNC users have? Do you have to be a vlCNC holder to add liquidity to an omnipool? No need to answer
Everyone here knows this protocol is in search of finding its footing and market fit. Let it be. Be respectful.If it doesn’t align with your rule base , encourage you to liquidate your cnc. What are you wanting to post to snapshot?
Yes we get it. It’s your way or the highway… Move on if our thought process does not align with yours.
Believe us, we know we’re on a treasure hunt for market fit—it’s just that the map seems a little upside down right now. ‘Let it be,’ sounds like a great philosophy… unless we’re trying to actually build something, right? As for liquidating our CNC, tempting, but I think we’ll hold off and see if we can manage to steer this ship toward, you know, decentralization.
What do we want to post to Snapshot? Oh, nothing big—just some radical ideas like community participation, transparency, and maybe even a vote or two. You know, DAO stuff.