QPIP-0, Adoption of Community Governance Guidelines

OVERVIEW With the continual growth and expansion of the Qredo Protocol, it is of utmost importance that we establish a robust, transparent, and democratic system for community decision-making, who will gradually take over control from the original team. This proposal, QPIP-0, seeks to officially adopt and implement our Community Governance Guidelines, marking a significant step in Qredo’s evolution towards decentralized governance.

https://governance.qredo.com/t/qredo-governance-guidelines/37

MOTIVATION The main driving force behind QPIP-0 is our desire to empower our community members, granting them significant influence over the network’s trajectory and development. The introduction of these guidelines is a crucial step towards a more participatory governance model where every QRDO token holder has a say.

SUMMARY OF THE COMMUNITY GOVERNANCE GUIDELINES The proposed Community Governance Guidelines outline a four-stage process for community decision-making:

Stage 1: Ideas & Discussion: This initial stage welcomes the contribution of ideas and proposals for discussion from all members of our community.

Stage 2: Preparatory Voting Proposals: Ideas gaining significant traction progress to this stage, where they are transformed into formal voting proposals for further deliberation.

Stage 3: Token Holder Consensus: Approved proposals advance to this stage for final approval by Qredo token holders via the Snapshot voting platform.

Stage 4: Qredo Board Ratification: Following the token holders’ consensus, the proposal moves to the Qredo Board for final review and ratification, giving, once approved, full legal standing to the result.

For a more detailed understanding of the Community Governance Guidelines, we encourage you to review the full text 7 in the corresponding Forum section.

CONCLUSION The adoption of these guidelines marks a significant milestone in our journey toward fully decentralized governance. We believe these procedures will ensure an effective and transparent decision-making process that truly represents the will of our Qredo community.