Since the community voted on our proposal and trusted us with a mandate to facilitate and formalise our Governance process, the Governance & Coordination Group (@ImdioR and @Rhano) has completed quite a few things tasks. So we thought to give you an update on our efforts so far.
In our proposal, we mentioned that the first thing we would do was to propose a new and clearer Governance process. We did that six days after we received our mandate and the new Governance Process was passed and is currently being used.
Furthermore, all proposals made after the passing of the new Governance process have been submitted to the Centrifuge Proposal Repository on GitHub.
We have also made sure that recurring proposals (like RWA Market & Tinlake rewards) were made in a timely manner so that the protocols would not be in a reward deficit.
- Proposal for new Governance Process and Framework (passed and executed)
- Distribution of unclaimable CFG rewards (resubmission 3) (passed and executed)
- Add a block reward and improve Collators cycle (passed but not executed yet)
- Renewal RWA Market rewards proposal 2022-12 (polling)
- Updating Tinlake Rewards Allocation 2022-12 (polling)
The GCG will propose the founding documents in January, based on the discussions started here and here. We have taken all the feedback from the replies in those two topics and our Governance calls into consideration. Furthermore, we have conducted interviews with various members of the DAO and will use their input as well to come up with a suggestion to what we think the documents could look like.
Since August 2022, the GCG has hosted and moderated all our Governance Calls.
Monitoring/facilitating Governance processes
We have monitored all Governance processes to ensure that they were created correctly and posts were made in the appropriate sections of our Forum.
All proposals have been announced in our communication channels for full transparency to our community, with explanations of what they are about, where and how to vote on them and their deadlines. We have also created a spreadsheet with all on-going and ended proposals which is publicly available.
Collaboration with other parachains
Around three weeks ago, we took the initiative to invite Governance Facilitators and co-founders of other Polkadot parachains to discuss our common obstacles related to the Governance - like low participation. The goal is to collectively come up with solutions to our challenges to both improve and increase participation in Governance. This could include, but is not limited to, initiatives like cross-chain educational content, new UIs and delegation.
Moderating our communication channels
We are present and constantly keep an eye on our Forum and Discord to both assist the community with their issues/questions and make sure that it is a safe and pleasant environment for everyone to be in.
Updating our documentation
Recently, we finished uploading our new Governance Process to the Centrifuge Proposal Repository on GitHub and we have started the draft for how we would like the structure of our Governance documentation to be and we will keep working on it throughout January/February.
Lastly, we want to wish everyone in our community a very Happy New Year and we are looking forward to start 2023 where we left 2022.
Stay safe and look after each other!