Parallel Governance Proposal (PGP): PGPs are about common governance proposals, especially the ones related to the treasury of the protocol and the DAO organization.
- The PGPs would concern but wouldn’t be limited to:
- Treasury allocation strategy & budgets
- Liquidity mining votes
- Grant program if any
- Contributors/Dao committees rewards
- Long term partnerships (i.e Dao Swaps)
- PGPs concern the protocol treasury directly, which is why it might be best to define more conservative parameters than PIR ones:
- Admin: DAO Multisig
- Quorum: 0.4% of the total supply (4M vMIMO)
- Voting duration: 7 days