New Initiative Proposal Governance Process

Proposals
1

Proposals Governance Process

  1. All new initiative proposals begin as a forum post using the below template. Any community members can submit a forum post.
  2. The community is expected and encouraged to engage with forum posts as they see fit, including but not limited to:
    1. Providing feedback for the proposal
    2. Asking clarifying questions
    3. Making suggested changes, edits, or improvements
    4. Proposing tests or analyses that can be done to optimize parameters
    5. Signalling informal support for the proposal
    6. Signalling informal disapproval of the proposal (in this case, it is asked that the community member in question clarify what changes to the proposal they would need to see in order to support it)
  3. Once a proposal posted to the forum has achieved rough consensus, Status may, at its discretion, undertake the work to firm up a proposal to the point where there is confidence in the ability to execute the proposal and the associated timelines and costs. This work may include reaching provisional agreements with potential partners, getting detailed work estimates from all teams and individuals that would be involved in building the project, undertaking dev prototyping spikes if needed to reduce uncertainty, technical and product feasibility analysis, etc…
  4. Once a comprehensive project execution proposal is in place, and assuming the project is deemed feasible by those who would be responsible for executing the project, Status may, at its discretion, add the proposal to the list of future project proposals that are prioritized by SNT votes.
  5. The formal vote process allows SNT holders to rank open proposals by indicating a number of SNT tokens for each proposal up to their wallet holdings. Tokens are not “used up” or “locked” to a given proposal, so holders can use their full token balance to indicate full support for multiple proposals if they wish, or they can assign full weight to some proposals and less than full weight to others in order to express their ranked choices.
  6. The sum of all users’ expressed choices represents a community-curated “token-weighted backlog” of governance proposals which Status will take into account when prioritizing work.

New Initiative Proposal Template

[Title]

Proposal Information

Proposal Name: [Name]

Author(s): [Author Name(s)]

Date of Submission: [Date]

External Discussions: [Link to prior relevant discussions or forum posts]

What is the problem this project is trying to solve?

[1-2 paragraphs on proposal objectives. e.g. “Why do our users need this? What is the business imperative? Why are we undertaking this project?”]

Who is this problem being solved for?

[Identifying the “target market”, “target users” or “beneficiaries” of the proposed project.]

Requirements / Constraints

[Are there other specific requirements or constraints that need to be taken into account.]

Key Concepts

[Bullet points of key concepts involved.]

User Journey

[Step-by-step breakdown of user journey and experience with this new proposal. Where relevant, it is helpful to highlight the differences between the current user experience and the proposed user experience in each step of the journey.]

Recommended Initial Parameters and Analysis [Optional]

[Bullet points of relevant parameters and their proposed initial values, and links to any relevant analysis or optimization to arrive at these values. Addressing the tradeoffs involved.]

Benefits

[Bullet points of the benefits of this proposal.]

Risks

[Bullet points of the benefits of the risks or vulnerabilities introduced.]

Relevant Links

[Supporting links to research that has previously been done in this area, similar products or features that exist in the market today and/or from which inspiration can be drawn, diagrams, analysis, citations, previous discussions, similar proposals from other ecosystems, etc.]

5 Likes