Upgrade the Hashflow governance process

Simple Summary:

This proposal changes the phases of Hashflow Governance in order to both create more rigor / structure, and allow for more voices to be heard. It introduces a multi-stage governance process that allows for more thorough discussions on the proposals and requires more details to be shared prior to passing a vote.

Abstract:

We propose to change the governance process into the following phases:

Phase 1: Request for Comment

User creates forum post to gather initial comments.

Proposal maturity:

• It must be reviewed & commented on for a minimum of 5 days
• It must comply with the designated template
• It must contain all relevant information that would be in the HIP
• It must have thoughtful discussions addressing feedback from the community

Phase 2: Temp Check

After the 5 days comment period, community member can submit a first [Temp Check] Snapshot vote to gauge initial consensus:

• Voting period: 2 days
• Create poll: 10K veHFT
• Majority (50%) passes
• Quorum: 15K veHFT

Phase 3: HIP

If proposal passes the initial [Temp Check], it will advance and become “HIP”

The user:

• Tags forum post title with [HIP]
• Incorporates any last iterations based on feedback

Guardians:

• They are notified to approve or veto
• Need majority approval before it can be submitted by community for final vote
• The same forum post remains open for minimum of 3 days before final vote

Community submits final Snapshot:

• Voting starts after 48h
• Voting period: 3 days
• Create poll: 100K veHFT
• Majority (50%) passes
• Quorum: 100K veHFT

Motivation:

The proposal has the following objectives:

• Drive & grow active participation by meaningful stakeholders within governance
• Streamline end-to-end process & comms
• Promote a decentralized community

Specification & Rationale:

This change would require:

• changes to the existing Snapshot page
• creating another Snapshot page for Temp Check (Snapshot only supports one configuration per page)
• changes to forum categories / templates

Benefits (Pros):

• more time for people to get familiar with the proposals
• higher degree of decentralization
• more rigor and quality around the contents of the proposal

Downside (Cons):

• longer time to pass proposals

Voting

• yes for the structure to change
• no for the structure to stay the same