47 proposals so far
Every grant over $100k goes to a vote
ORL holders decide how the treasury is spent. Anyone can write a proposal, every vote is on chain, and the council carries out what passes.
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How a proposal passes
Four stages, about three weeks
Draft
Posted on the forum for feedback
Discussion
Seven days, edits welcome
Vote
Five days, 4% quorum
Execution
Council carries it out within 14 days
Rules
The numbers that decide a vote
Quorum
4% of staked ORL
To pass
More than 50% of votes for
Voting power
1 staked ORL, 1 vote
Delegation
Allowed, can be withdrawn any time
Proposals
Every vote so far
All
Active
Passed
Queued
Rejected
Active
OIP-47
A second audit for the bridge contracts
Passed
OIP-46
Lower the base fee by 12%
Queued
OIP-45
Add nine Lisbon operators to the validator set
Passed
OIP-44
Budget for round 7: $3.2M for payments and wallets
Rejected
OIP-43
Move 5% of the treasury into short-term bonds
Passed
OIP-42
Pay for Spanish and Portuguese docs
Have an idea for the treasury?
Start a thread on the forum. If it gathers support in seven days, it goes to a vote.
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