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    • The 4 Phases of Manta Ray Governance
      • Participate in the Process: Phase 1 | IDEATE
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  1. Governance

The 4 Phases of Manta Ray Governance

PreviousHow to VoteNextParticipate in the Process: Phase 1 | IDEATE

Last updated 2 years ago

Participate in the Process: Phase 1 | IDEATE

The purpose of this initial stage is to propose and vet ideas that community members have and decide which ideas are ready to go to “Phase 2: Vote off-chain” for a more formal voting.

Process: Phase 2 | VOTE OFF-CHAIN

When an idea is well supported with positive feedback in discord conversations, it is time to write the idea up in a “proposal” and invite the community to vote on it.

The first phase is off-chain voting. This occurs on , a polling/voting tool.

Off-chain voting consists of two sub-phases: Temperature Check followed by Consensus Check.

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Process: Phase 3 | VOTE ON-CHAIN

For proposals that do not require coding to blockchain’s smart contracts (for example product improvements), it should not go through on-chain voting, and the proposal moves to Phase 4: Execute.

For proposals that do require coding changes to the blockchain’s smart contracts, the proposal will require going through this Phase 3: On-Chain Voting. The purpose of the on-chain voting is to establish formal voting around a proposal that passed Phase 2.2: Consensus Check. This is the last step in the governance process before moving to Phase 4: Execute.

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Process: Phase 4 | EXECUTE

The final phase of governance is the Execution Period, also called Enactment Period or Time Lock. At the end of the on-chain voting period of the previous step, the on-chain proposal enters a time lock period of 7 days during which it must be executed.

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