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Minimum Viable Governance

This document describes the Minimum Viable Governance of Social Dist0rtion Protocol.

Goverance

Governance is the sum of all Dist0rtion Improvement Proposals (DIPs) contained in the master branch of this repository.

Improve it

Anyone can open a pull request to this repository to submit a new DIP. If the pull request is approved by the majority of the owners, it is then merged to master, becoming part of the governance.

Funds

The funds of the DAO are managed by the multi signature wallet deployed in the Main Ethereum Network at the address 0x527621278422FFf45A66f7086bAeAC770CF12b69

The multi signature wallet defines a set of owners and a number of required confirmations to execute transactions.

Proposals

Anyone can make a proposal by opening an issue in any repository of the Social Dist0rtion Protocol organization on GitHub.

The proposal must contain:

  • The problem being addressed.
  • The solution proposed.

The proposal may contain:

  • An estimated effort.
  • The payment conditions.

The author of the proposal has the responsibility to gauge interest around their work, but it is not an obligation of the DAO to take their work into consideration.

If the proposal is to be resolved on-chain (payments, minting, adding and removing owners, ...), owners may vote "yes" by confirming the proposed transaction in the multi signature wallet.

Any other proposal can be voted by the owners in the comment section of the issue. If the number of "yes" votes is equal to the number of required confirmations defined in the multi signature wallet, then the proposal is implemented.

Owner's Responsibilities

The correct functioning of the DAO depends on the conduct of its owners.

Every owner is required to follow those rules:

  • Backup their keys, and store them securely.
  • Immediately report lost or stolen keys to the other owners.
  • Be responsive to evaluate a proposal when asked by another owner.