Creating a proposal
This is a guide for creating a proposal in any Romulus governance system.
- A minimum number of voting power. In most systems, it will be 1% of all voting power
- A basic understanding of smart contracts
- 1.Pick the governance system you would like to create a proposal in. E.g. Poof.cash, Ubeswap etc.
- 2.Press
Create Proposal
- 3.Add commands that your proposal will execute. For example, if you wanted to transfer 100 POOF to
0x0000000000000000000000000000000000000000
- 1.Lookup the POOF contract interface. Since POOF is an ERC20, it will have these functions. Transferring refers to the function
function transfer(address recipient, uint256 amount) external returns (bool);
- 2.Press
Add
underCommands
- 3.Specify the POOF contract address as the target because that is the contract we need to call to transfer tokens. In this scenario, it is
0x00400FcbF0816bebB94654259de7273f4A05c762
- 4.Specify
0
as the value as there is no need to give CELO to the POOF contract to transfer - 5.Specify
transfer(address, uint256)
as the signature - 6.Specify
address,uint256
as the types - 7.Specify
0x0000000000000000000000000000000000000000,100
as the values
- Creating a proposal does not affect your token balance
- Every proposer can only have one active proposal at a time
- If your voting power falls below the minimum number of votes for proposal creation while your proposal is active, your active proposal is at risk of being cancelled by anyone
- If your proposal succeeds, you need to actively queue, then execute the proposal to ensure that the actions occur
- Proposers can always cancel their own active proposal
Last modified 2yr ago