CREAM governance going forward
Dear community members, Cream hodlers and team members.
We need to establish a clear path going forward with community governance of the protocol.
The most important issues to settle first is in my opinion the following:
1 Establish rules for governance.
Who can vote for proposals? Only cream from wallets, or also cream staked for 1-4-year contracts, and LP’s?
What is minimum quorum to pass a proposal?
2 Setup a guideline for proposals.
For instance, a proposal needs to have been discussed for at least 3 days on the forum/discord and have some community sentiment behind it to pe put up for a vote. In addition, the voting process should also run for 3 days.
3 Team need to be more engaged and give a rough guideline about what we can vote about.
Right now, we are in the dark about what areas of the protocol we can have community governance about. We could really use a guide from the team about which things they will give the community power to decide, and which things are possible to implement.
In my opinion these issues are particularly important to discuss and find a solution to before we can continue the transition to community governance.
This transition needs strong participation and guidance from the team, so we can build a framework to further build the community governance on.