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AshDAO Proposal

AshDAO Proposal (GUIDE)

What's on AshDAO Proposal?

AshDAO Proposal allows users to submit proposals for changes to the protocol, ensuring that we continually evolve to meet users’ needs. Those who hold veASH tokens can leverage their voting power to have a say in their earnings on AshSwap according to their strategies and preferences.
There are currently some types of supported proposals:
  • Whitelist farm to receive ASH farm: Proposal to decide whether a farm is listed in ASH Farm Controller.
  • Start/Stop ASH reward for a farm: Proposal to stop or start distributing ASH reward for a farm.

How to create a proposal

There are certain criteria that need to be met for a user to create a proposal.
  • The user must have a minimum of 500.00 veASH at the time of proposal creation.
  • The user should have yet to create any proposals within the last seven days.
For a proposal to be listed on AshDAO, its owner must first initiate a discussion on the AshSwap forum. The proposal’s URL should start with: *http://github.com/ashswap/ash-proposals/issues*

Step 1: Stake ASH to get veASH at Governance Staking

Stake ASH to get veASH at Governance Staking

Step 2: Start creating your proposal

Visit the Proposal Voting page and click Create Proposal
Choose your Proposal Action:
  • Proposal Type:
    • Whitelist farm to receive ASH farm: Proposal to decide whether a farm is listed in ASH Farm Controller.
    • Start/Stop ASH reward for a farm: Proposal to stop or start distributing ASH reward for a farm.
  • Farm Address: choose which farm you want to make an effect
  • Type Weight: currently we’re offering 2 Type Weight: StablePool or CryptoPool, each Type Weight has its own gauge type weight that will affect the $ASH emission of the pool and align with the Gauge Weight Voting formula below
On Devnet, the gauge type weight of StablePool and CryptoPool are the same, however, it could be changed on AshSwap Mainnet by creating a proposal to change the Gauge Type Weight.
Users can propose to AshDAO to create more Type Weight with preferred Gtw. The new Type Weight will be added to Farm Controller as long as that proposal is passed by AshDAO.
Fill in your Proposal Info:
  • Proposal Title: A short summary of your proposal with a limit of 120 characters.
  • Proposal Description: describe the detail of your proposal here in Markdown format, this section has a limit of 520 characters.
  • Link to Description:
After filling in the necessary information, click Done & Create and confirm on your wallet, then wait for a while till the proposal appears in the AshDAO interface.

(Optional) Create a Bribe for your proposal

After your proposal is created, you can create a Bribe to attract more users to vote for your proposal

How to vote for a proposal

Choose the proposal you want to vote on with the status “Active - Can Vote”
Check the description carefully and choose your vote: Support, or Against; choose the percent of Voting Power you want to vote, then confirm the transaction on your wallet.
Please notice that you can only vote in 1 time, it’s unable to undo.

Proposal’s Life Circle on Devnet

  • Pending: 30 mins
  • Active: 60 mins
  • Approved: maximum 60 mins before expired

Proposal’s “Passed” Status Requirements

A proposal will need to meet 2 criteria to be counted as “passed”:
  • Support (50% required): the support vote needs to be higher than 50the % of the total vote
  • Quorum: (>30% required): a proposal need to have at least 30% veASH voted compared to the total veASH staked in Governance Staking
Those criteria will change depending on each type of proposal