The current structure for Minswap DAO Governance can be seen in the Docs. As the Minswap DAO grows and evolves, the Governance structure must improve as well. This Proposal encompasses 3 measures to do exactly that:
- Restructure how a Proposal can get on chain: implementing a 3-Step process consisting of 1) Temperature Check Discussion, 2) Temperature Check Poll and 3) On-chain Proposal. More details around this process and guiding principles can be found in the following document.
- Restructure rules around the Quorum. The Quorum is to be dynamic and change according to circulating supply. It is to be increased from 5% to 8% given the increase in circulating supply since the Quorum was first established and initiatives such as the MIN Burn.
- Community Managers (CM) compensation and responsibilities: CM responsibilities include providing direct assistance to users in tickets, escalating issues to Minswap Labs, moderating the Discord and Forum, and much more. Compensation is to have a range from 300$ a month to 100$ (depending on performance) a month paid half in MIN and half in ADA. There are 5 CMs that qualify for this program, but they may be removed and substituted by Minswap Labs if it is deemed they aren’t performing to the best standard.
This Proposal is authorized by PurritoGeneral, Ch!cken, CWSchub
