Off-Chain Voting Guidelines
The MREV smart contract is relatively simple including only a few parameters that can be altered with an On-Chain vote performed on our platform (not on Snapshot):
- 1.Admin permissions: Adding or removing permissions for specific users.
- 2.Marketplace fee: Changing the marketplace or platform fee that Manta Ray charges hosts for providing usage and parking for Drivers.
- 3.Nexus Program category: Rules and connection to Public, fleet or workplace EV Networks to Manta Ray
Proposals outside of those areas are accomplished with an off-chain vote. The network expects a majority of votes to be handled off-chain.
- 1.Announcement
- 1.Votes must be announced in #governance-voting channel at least two business days prior to posting on Snapshot to allow for withdrawals from platform and wallet connection in Snapshot
- 2.Discussion
- 1.Vote proposals can be discussed in Discord prior to the above vote announcement, though it may not be required for certain “Low impact” votes (defined below)
- 2.If during the discussion period the community identifies deficiencies in the planned vote (such as lack of clarity, cost/benefit analysis, or clear implementation plan, etc.) the vote should be postponed to allow further discussion
- 3.Proposals requiring more in-depth discussion will be given their own Discord channel where proposal information can be pinned and collaboratively updated
- 3.Posting / Duration
- 1.Recommendation (this is not a rule): Thursday is a great day to start a vote for a proposal, noting the duration in the next point.
- 2.Voting window duration should be a minimum of seven days (proposals should be open to vote on Snapshot for at least that many days)
- 4.Thresholds
- 1."Low impact" votes may be straight quorum (most votes wins)
- 1.Low impact definition: the outcome will not have a material impact on the Manta Ray Network. These votes could include:
- 1.Forming exploratory committees to research new product areas
- 2.Electing Jury Arbitrators
- 2.The community can help determine if a vote is high or low impact during discussion in Discord
- 2."High impact" votes must state in the proposal the threshold of votes required to pass, which is generally 100,000 MREV. Meaning the proposal must have at least a total of 100,000 MREV voted to pass.
- 1.A vote with 65,000 For and 40,000 Against would pass.
- 2.A vote with 45,000 For and 20,000 Against would fail as it did not meet the 100,000 threshold.
- 3.High impact definition: the outcome could alter the Manta Ray Network in a medium to drastic way. These votes could include:
- 1.Entering or exiting lines of business and/or client relationships
- 2.Adding/removing Nodes
- 3.Changing the economics of the network
- 5.Re-votes
- 1.Failing votes may not be re-posted without modification in under <fifteen> days