# Proposal Lifecycle

To ensure structured and effective governance for the DAO, a multi-phase process for proposal submission, review, and approval is implemented. To submit proposal, the creator should at least hold **200k stZFI tokens**. The process will be divided into two main phases: FIRST CHECK, and ZIP (Zyfi Improvement Proposal). Here is the detailed framework for each phase:

#### **Phase 1:  FIRST CHECK**

**Objective:** Verify the interest and feasibility of the proposed idea.

**Process:**

1. **FIRST\_CHECK Submission:**
   * **Format:** Use the FIRST CHECK submission template, including a descriptive title, a brief summary, and an explanation of the motivation.
   * **Forum:** Post the proposal on the Zyfi forum page under the \[FIRST\_CHECK] category.
   * **Link:** Include links to specific ressources if applicable.
2. **Community Discussion:**
   * **Duration:** The proposal must be open for comments for at least 5 days on the forum.
   * **Feedback:** Community members discuss and provide feedback on the proposal.
   * **Validation for Voting:**  If none of the Protectors reject the proposal **before it moves to Snapshot**, it will proceed to the voting phase.
3. **Snapshot Vote:**
   * **Start of Voting:** Voting begins 2 days after the proposal is posted on Snapshot.
   * **Duration:** The vote lasts 5 days.
   * **Voting Options:** Yes, No, Abstain.
4. **Quorum:**
   * **Requirement:** The quorum must reach 1/2 of all staked ZFI tokens at the time of the vote to advance to the ZIP phase. Otherwise, it is excluded. (around 2M stZFI now)

#### **FIRST\_CHECK Template**

```
Title: [FIRST CHECK] Proposal Title
Author: Author Name / Entity
Date: YYYY-MM-DD
Summary: Brief description of the proposal.
Motivation: Why this proposal is necessary and beneficial.
```

#### **Phase 2: ZIP (Zyfi Improvement Proposal)**

**Objective:** Submit the final proposal for an official vote and ensure its implementation if approved.

**Process:**

1. **ZIP Submission:**
   * **Format:** Use the ZIP submission template, including a summary, motivation, detailed specifications, associated costs, and implementation plan.
   * **Forum:** Post the proposal on the Zyfi forum under the \[ZIP] category within 3 days after the FIRST\_CHECK proposal validation.
   * **Review:** If none of the Protectors reject the proposal **before it moves to Snapshot**, it will proceed.
2. **Snapshot Vote:**
   * **Start of Voting:** Voting begins 2 days after the proposal is posted on Snapshot.
   * **Duration:** The vote lasts 5 days.
   * **Voting Options:** Yes, No, Abstain.
3. **Quorum:**
   * **Requirement**: The quorum must reach **half** of all staked ZFI tokens at the time of the vote. (around 2M stZFI now)
   * **Majority**: To be approved, the proposal must receive a majority of "Yes" votes **and** meet the quorum requirement.
   * **Non-Appropriation**: Protectors may not approve their own proposals.
4. **Implementation:**
   * **Execution**: If approved, the proposal will be implemented by the core contributors under the supervision of the Protectors.
   * **Report**: A transparency report will be published to explain the actions taken and justify the implementation.

#### **ZIP Template**

```
Title: [ZIP] Proposal Title
Author: Author Name / Entity
Date: YYYY-MM-DD
Summary: Brief summary of the proposal.
Motivation: Detailed explanation of the proposal and potential benefits.
Specifications: Detailed technical description of the proposed changes.
Costs: Estimated costs associated with the implementation.
Implementation Plan: Details on the implementation, including timeline, contingency plans, and target dates.
FIRST_CHECK Link: [Link to the corresponding FIRST_CHECK proposal]
```