Magic Square
  • 😎Introduction to the Magic Square
  • 🏪Magic Store
    • 🤪For Users
      • 🔮How Do You Register to the Magic Store?
      • 🔗Set Up Your Magic ID
        • 🛂How to complete a verification process?
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        • 🤑How to Claim Your SQR or USDT Rewards?
        • 📈How to Maximize Your Magic Karma Earnings?
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  • 🗳️Magic DAO
    • 🌟Guiding Values
    • ✨How to get Voting Power in the Magic Square DAO?
    • 🤩Getting Started
    • 🤔How to Actively Participate in Governance Decision-Making?
    • 🏁Closing Remarks
  • 🤖Mystic AI
  • ⛽Gas Station
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    • 🤩Why Join Our Community and How to Get Involved?
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    • 🤑1M SQR Campaign
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On this page
  • 1. Voting on Magic Square Team Proposals
  • 2. Submitting and Voting on Community Proposals

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  1. Magic DAO

How to Actively Participate in Governance Decision-Making?

Active participation in governance is a cornerstone of the Magic Square DAO, allowing you to have a direct impact on the direction and development of our platform. Whether you’re voting on proposals submitted by the Magic Square team or bringing your own ideas to the table, your involvement ensures that the community’s voice is heard and that decisions reflect the collective will of SQR holders. Below, we outline the two main ways you can engage in the governance process and make your influence count.

1. Voting on Magic Square Team Proposals

One of the primary ways to actively participate in governance within the Magic Square DAO is by voting on proposals submitted by the Magic Square team. Here’s how you can get involved:

  • Join the Magic Square Snapshot Community: Head over to our Snapshot page here and join the community. This is where all the team proposals are posted for voting.

  • Review the Team Proposal: Once a proposal is published, take the time to thoroughly review it. The proposal will outline the details of the suggested changes or initiatives, along with the reasoning behind them.

  • Participate in the Voting Process: Each proposal will have a specific voting time frame during which you can cast your vote. Make sure to participate within this window. To vote, simply follow the instructions provided on the Snapshot platform. For more detailed guidance on how to vote, refer to the Snapshot voting guide.

  • Outcome of the Vote: If the proposal passes the quorum, the Magic Square team will work diligently to implement it as proposed. If the proposal is rejected, the team will reconsider the approach, gather more feedback, and work towards finding a solution that gains broader community support.

2. Submitting and Voting on Community Proposals

In addition to voting on team proposals, you can take a more proactive role in the Magic Square DAO by bringing your own ideas to the table or supporting other community members’ proposals. Here’s how you can get involved in the proposal process:

  1. Concept Development

    • When you or another community member have an idea that could benefit the Magic Square ecosystem, the first step is to discuss it on our Discord in the designated sub-channel. Engaging with the community early on helps refine the idea, gather diverse opinions, and align your concept with the broader interests of the community.

  2. Formulating a Draft Proposal

    • Once you’ve gathered enough feedback and believe your idea has merit, the next step is to write a formal proposal. The proposal should be clearly divided into three parts:

      • Explain the reasoning behind the proposal and why it’s important.

      • Describe what the proposal aims to achieve.

      • Outline how the proposal will be implemented, including any required resources or steps.

  3. Initial Voting

    • Based on the feedback received in the Discord chat, community moderators will create a poll to gauge support for your proposal. This initial voting process is critical to determining whether your idea should advance. If your proposal receives over 100 “yes” votes from the community, it will be forwarded to the Magic Square Snapshot admin, who will create an official proposal based on your idea for Snapshot voting.

  4. Snapshot Voting

    • If your proposal passes the initial voting stage, it will follow the same process as team proposals on the Snapshot platform. This includes formal voting by the community, and if it passes quorum, the team will work towards implementing the proposal.

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Last updated 8 months ago

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