Proposal Lifecycle
Every governance proposal in CipherDAO follows the same four stages. The process is designed to be transparent and predictable, contributors always know what’s happening and why.
Stage 1: Draft
Any eligible Cipher Owl holder can submit a proposal. A good proposal clearly explains:
- What the change is
- Why it’s needed
- What risks it introduces (if any)
Proposals can cover anything from protocol parameter changes and fee config updates to treasury decisions and governance process changes.
Stage 2: Discussion
Once formally submitted, the proposal enters a public discussion period. The community reviews it, asks questions, and suggests refinements.
- No votes are counted yet
- The proposer can still revise the proposal based on feedback
- Weaknesses surface early, before the vote
This phase is intentionally social. Its purpose is to improve proposals before they go to a vote, not to block them.
Stage 3: Voting
After discussion closes, the voting window opens. Eligible voters cast their votes using their governance power.
- Votes are submitted as signed on-chain transactions
- Each proposal has a fixed voting window
- Voting power is locked to the snapshot taken at window open. NFT transfers mid-vote have no effect
- Anyone can independently verify eligibility and vote totals on-chain
Stage 4: Finalization
When the voting window closes:
- Accepted: if the proposal meets the required quorum and approval threshold, it passes
- Rejected: if it doesn’t meet quorum or approval, it has no effect on the protocol
Failed proposals can be revised and resubmitted.
Execution
For accepted proposals, execution depends on the proposal type:
| Proposal type | How it executes |
|---|---|
| Protocol parameter change | On-chain instruction, automatic |
| Program upgrade | Carried out by Squads multisig following the approved proposal |
| Treasury action | Multisig executes transfer per the approved proposal |
| Sensitive config change | Designated authorities act within the bounds approved by the vote |
In all cases, execution is bound by the governance decision and cannot bypass it.