The DAO allows for two general proposals: proposals with direct binding actions and governance proposals.

Proposals with direct binding actions

The DAO allows the community to vote on binding actions that will result in changes made to AllianceBlock’s smart contracts on the Ethereum network. Those binding actions are (initially):

Governance proposals

Some proposals are not as simple as adding or removing an item from a list, they require community signaling, discussions and implementation paths. Those proposals should be submitted through a three-stage governance process that starts with a poll and ends with a binding proposal.

The voting process includes three steps: a Pre-Proposal Poll, a Draft Proposal, and a Governance Proposal. Each tier will have progressively increasing submission and passage thresholds to ensure important governance decisions are made by a representative majority (based on Voting Power). Each step must reach the defined VP threshold to be promoted to the next one. VP is a weighted sum of a wallet’s NXRA holdings. More on that topic can be found in the DAO User Guide.

Note: The AllianceBlock DAO is currently in the first phase of decentralization, which allows core team members to create proposals and community members to cast the votes. The thresholds below are for community generated proposals, which start in Phase 2. More on the 5 phases of progressive decentralization here.

Stage 1: Pre-Proposal Poll

Stage 2: Draft Proposal

Stage 3: Governance Proposal

It is important to notice that anyone who meets the submission threshold can take a passed proposal (either a Poll or a Draft) and move it to the next stage, not only the proposal author.