Proposals

🗳️ What is a Proposal?

A proposal is a formal request submitted by a community member to make changes within the Bullish DAO system. These changes can include adjustments to reward parameters, governance configurations, or interactions with trusted contracts.

🙋‍♂️ Who Can Create Proposals?

• Any user can create a proposal targeting:
  • Allowed contracts (as defined by the DAO or interim governor).
  • Non-restricted functions (publicly accessible functions).
• Restricted functions (e.g., token transfers, treasury movements) can only be included by the interim governor, even though voting is still required.

🧬 Proposal Lifecycle

1. Creation
   • The proposer defines the target contract, function selector, and parameters.
2. Voting Period
   • Once submitted, the proposal enters a voting phase defined by the votingDuration (e.g., 5 days).
   • Community members use their voting power (based on historical rankings) to vote for or against.
3. Quorum & Approval
   • A proposal is valid only if total votes meet the quorumThresholdPercent of eligible power.
   • It is approved if approvalThresholdPercent of cast votes are in favor.
4. Execution
   • If passed, the action is executed on-chain via the DAO contract.

🛡️ Interim Governor Privileges

• May auto-approve only non-restricted proposals (bypassing the voting phase).
• May create proposals targeting restricted functions (still requires voting phase).
• May reactivate interim mode if no proposals are executed for 60+ days.
• Any proposer can create proposal (setInterimMode ) to disable the interim governor.

Example Proposal Types