This article was first published on Polymath Network - Medium
With Polymesh Governance, POLYX holders have the opportunity to influence the direction of the Polymesh blockchain. They can do this by submitting a Polymesh Improvement Proposal (PIP) through Polymesh Governance. Other POLYX holders vote on the proposal, with approved proposals voted on by the Polymesh Governing Council for implementation.
The quality of the proposal can be one of the best predictors of it passing — it will be more easily understood by the POLYX community and Governing Council, and more explicit in implementation. Although a form is provided to proposers with information to include in a proposal, the format is meant to be flexible and therefore, does allow room for error.
Here are a few best practices to consider when creating a proposal:
A Descriptive Title and Proposal Details
Questions to ask: Am I providing enough information for POLYX holders and the Governance Council to make a decision?
All proposals must include a title and supporting documentation for consideration by the community. The aim of your proposal title should be that a community member can read the title and understand the changes you’re proposing.
The Proposal details field is available for you to include additional details and supporting documentation through an external link. A few examples:
- If your proposal requires a network upgrade, the URL should point to the code changes in some format. We suggest you submit them as a Github PR.
- If you’re submitting a proposal to add a new Customer Due Diligence (CDD) provider or become a network operator, include links to due diligence or any other supporting documentation relevant to the new provider or operator.
- For other proposals, you can include a URL to the corresponding discussion on a discussion board or Github issue.
The descriptive title and the link to the proposal’s details are stored on-chain to be referenced by POLYX ...
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Polymath Network - Medium