What is the process for proposing and voting on projects in Dash DAO?

3 answers

• busiMar 23, 2024 · a year ago
  Sure! The process for proposing and voting on projects in Dash DAO involves several steps. First, community members can submit project proposals through the Dash Forum. These proposals should include detailed information about the project, such as its goals, timeline, and budget. Once a proposal is submitted, it goes through a review process by the Dash DAO community. During this review, community members can provide feedback and ask questions to the proposal creator. After the review period, the proposal enters the voting phase. Dash DAO masternode operators, who hold a certain amount of Dash coins, have the power to vote on the proposals. Each masternode operator can cast one vote for or against a proposal. The voting period typically lasts for a specific number of days. If a proposal receives enough votes in favor, it is approved and the project can receive funding from the Dash DAO treasury. If a proposal does not receive enough votes, it is rejected and the project does not receive funding. This process ensures that the Dash DAO community has a say in which projects receive funding and helps maintain transparency and accountability within the ecosystem.
  1176

  588
• Dhameliya DhruviDec 13, 2022 · 3 years ago
  The process for proposing and voting on projects in Dash DAO is quite straightforward. To propose a project, you need to be a member of the Dash community and have a Dash Forum account. Once you have an account, you can create a new thread in the 'Project Proposals' section and provide all the necessary details about your project. Make sure to include information about the project's objectives, budget, and timeline. Once your proposal is submitted, it will be reviewed by the community. During the review period, other community members can ask questions and provide feedback on your proposal. After the review period, the proposal enters the voting phase. Masternode operators, who hold a certain amount of Dash coins, can cast their votes on the proposals. The voting period usually lasts for a specific number of days. If your proposal receives enough votes in favor, it will be approved and you will receive funding from the Dash DAO treasury. It's important to note that the voting process is democratic and transparent, ensuring that the community has a say in which projects get funded.
  1097

  366
• Hemant Kumar JoshiApr 30, 2024 · a year ago
  In Dash DAO, the process for proposing and voting on projects is designed to be decentralized and community-driven. Anyone can propose a project by creating a new thread on the Dash Forum's 'Project Proposals' section. The proposal should include all the necessary details, such as the project's objectives, budget, and timeline. Once the proposal is submitted, it undergoes a review process where community members can provide feedback and ask questions. After the review period, the proposal enters the voting phase. Masternode operators, who hold a certain amount of Dash coins, have the power to vote on the proposals. Each masternode operator can cast one vote for or against a proposal. The voting period typically lasts for a specific number of days. If a proposal receives enough votes in favor, it is approved and the project can receive funding from the Dash DAO treasury. This process ensures that the Dash community has a voice in deciding which projects get funded and helps foster innovation and growth within the ecosystem.
  1038

  260