Proposal
A proposal is a formal suggestion submitted to a DAO or project community for discussion and voting.
✦ Key Insight
Proposals show how decentralized communities make decisions.
✕ Common Misconceptions
Voting without reading the details or ignoring who benefits from the proposal.
Detailed Explanation
How It Works
A member suggests a change, such as funding a grant, changing fees, or upgrading a protocol. The community discusses and votes.
FAQs
Can anyone submit a proposal?
It depends on the DAO’s rules.
In Practice
Dig Deeper
Governance Token
A governance token is a token that grants its holders the right to vote on changes to a protocol — fee parameters, treasury spending, code upgrades, or strategic decisions. Holding the token is the on-chain equivalent of owning a share of the project's decision-making.
DAO
A DAO, or Decentralized Autonomous Organization, is a community-led organization that uses blockchain tools for governance and decision-making.
Treasury
A treasury is a pool of funds controlled by a project, DAO, foundation, or team.