BAO currently does not have a formal process for submitting a governance proposal - something we would like to change so we hopefully see more proposals from the community. There are 2 things I would like to discuss and reach consensus on, and if successful, create a BIP to go to vote.
1. Do you agree with the draft process for creating a proposal I have laid out below?
2. What requirements should there be for moving a proposal to snapshot for voting and making a vote binding?
We want to enable the community to post proposals and at the same time avoid getting spammed and have a clear guidelines for which votes will be binding and which aren’t
An example I think that could be reasonable:
minimum voting power of 50m BAO to create a snapshot.
The snapshot becomes binding when it has followed the documented process and reaches a quorum of 25 billion BAO voting power (the recent vote on what to do after rewards stopped on xDai reached around 35 billion).
An exception could be allowed for proposals submitted by multisig holders (or maintainer galaxy before multisig is implemented), who may want to speed up the process for an emergency vote.
New proposals can over ride old ones.