# Governance process

{% hint style="info" %}
Any address with at least 130,000 IDLE (1% of the total supply) delegated to is able to propose IIPs (on-chain proposals), which are *executable codes.* The Timelock contract would then modify system parameters, logic, and contracts in a "time-delayed", "opt-out" upgrade pattern (as described in the [On-Chain Proposal section](#4.-on-chain-proposal)).
{% endhint %}

Any proposal, idea, or initiative for the Idle protocol coming from a community member or Leagues' contributor follows a governance process composed of several steps:

<figure><img src="https://4022236167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Lw-v0NTae0RVW1spR9R%2Fuploads%2FnugsX2S8koRlax2u7naF%2FGovernance%20process.png?alt=media&#x26;token=8e6aeeb6-773e-457f-bd34-4d4f9c06c0d0" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
Users can visit this [Syncvote page](https://app.syncvote.com/public/idle-governance-process-229/idle-dao-governance-process-300/320) to get an overview of the governance process
{% endhint %}

<figure><img src="https://4022236167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Lw-v0NTae0RVW1spR9R%2Fuploads%2FnkqunI1C8RcrBSHQTVWP%2Fimage.png?alt=media&#x26;token=4b0947a4-4d6e-45cc-a4de-3cff5241ce6e" alt=""><figcaption><p>Syncvote's preview of Idle DAO governance process</p></figcaption></figure>

### 1. Idea Discussion

Community members can propose early-stage ideas in the [Ideas and Improvements](https://gov.idle.finance/c/proposals/new-features-improvements/5) category to receive initial feedback. If community members have an already structured proposal, they can use the [Formal Proposals](https://gov.idle.finance/c/proposals/formal-proposal/21) category.

DAO contributors can use the templates available in the Governance Forum. Some categories provide a suggested template that can be found by clicking the "New Topic" button.&#x20;

**Timeline:** 2+ days of discussion

**Website:** [Idle Governance Forum](https://gov.idle.finance/)

<figure><img src="https://4022236167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Lw-v0NTae0RVW1spR9R%2Fuploads%2FoGEFAvM7StzjyZn1HJSO%2Fimage.png?alt=media&#x26;token=3490f46f-f90d-45d7-8617-5714dc6ed9e1" alt=""><figcaption></figcaption></figure>

### 2. Temperature Check

After a successful idea discussion, community members can create the associated Snapshot poll (off-chain action) to measure the sentiment of the community about the potential change.&#x20;

For the time being, contributors need to open two polls: one for IDLE votes and one for stkIDLE ones.

Users need to hold at least 100 IDLE to open a Snapshot poll.

**Timeline:** 3+ days of voting

**Website:** [Snapshot page](https://snapshot.org/#/idlefinance.eth) for IDLE holders and [Snapshot page](https://snapshot.org/#/staking.idlefinance.eth) for stkIDLE holders

{% hint style="warning" %}
In 2021, Idle DAO [approved](https://gov.idle.finance/t/voting-framework-for-stkidle-holders/567) a voting process update affecting stkIDLE holders only:

* A new [stkIDLE holders voting space ](https://snapshot.org/#/staking.idlefinance.eth)has been created on Snapshot.
* No quorum is required to validate the vot*e **off-chain***
* The voting weight of stkIDLE is calculated in the form of weighted IDLE tokens as\
  \
  $$\large{\frac{\text{tot. IDLE staked}}{\text{tot. stkIDLE minted}}}\times \text{tot. stkIDLE voting} \times \text{% on each option}$$

\
The sum of the voting weights cast by IDLE and stkIDLE holders represents the final snapshot results (votes results are reported in the official [calculator](https://docs.google.com/spreadsheets/d/1BnH9boRmBADuyquvDMh0AmQfF97Zj76sIENKtySLU8o/edit?usp=sharing)).
{% endhint %}

<figure><img src="https://4022236167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Lw-v0NTae0RVW1spR9R%2Fuploads%2FqXtZWh8cXgiXKiLW0Kmz%2Fimage.png?alt=media&#x26;token=52aff246-08d3-40b4-9c97-cbd7eba39983" alt=""><figcaption></figcaption></figure>

### 3. Proposal Formalization

After having reached a consensus in the Temperature Check, the initial proposer or another community member can submit the idea as an IIP in the [Proposals category](https://gov.idle.finance/c/proposals/6) in the Governance forum.&#x20;

DAO contributors can use the templates available in the Governance Forum. Some categories provide a suggested template that can be found by clicking the "New Topic" button.

**Timeline:** 2+ days of discussion

**Website:** [Idle DAO Governance](https://gov.idle.finance/)&#x20;

### 4. On-chain Proposal

The proposer or other DAO members can deploy on-chain the official proposal, which is broadcasted as *executable code*. It starts its journey in a pending state. Once the on-chain proposal is active, IDLE token holders cast their votes.&#x20;

DAO contributors can follow these [guides](https://docs.idle.finance/governance/idle-dao/governance-guides) to create a formal IIP.

{% hint style="info" %}
In case of an ***on-chain*** poll, *stkIDLE* votes should meet two minimum thresholds to make the poll valid to be cast on-chain:&#x20;

1. *20% of circulating stkIDLE voting the poll*
2. *at least 70% on the same option*&#x20;

If the poll quorum is reached, the Treasury multisign, which holds delegated votes, will broadcast the result on-chain with the entire voting balance.
{% endhint %}

**Quorum:** 4% of the total IDLE supply (\~520,000 IDLE) voting the pool

**Timeline:** 3 days of voting

**Website:** [Idle DAO Governance voting page on Tally](https://www.tally.xyz/gov/idle)

{% hint style="info" %}
If a proposal is successful, it can be queued for execution and, after 2 days, can be executed on-chain.&#x20;
{% endhint %}

<figure><img src="https://4022236167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Lw-v0NTae0RVW1spR9R%2Fuploads%2FZqfbK3o8YPjC8DhjPEG4%2Fimage.png?alt=media&#x26;token=038b9abe-8eee-41c1-9453-6ab5f2533f5c" alt=""><figcaption></figcaption></figure>


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