Parallel Governance Proposal (PGP)

Explaining Parallel Governance Proposal

1. Writing a PGP

PGP are about common governance proposals, especially the ones related to the treasury of the protocol and the DAO organization.

• The PGP 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)

2. Submission of Proposal

PGP concern the protocol treasury directly, which is why it might be best to define more conservative parameters than PIR ones:

• Admin: DAO Multisig

• Quorum: 200,000 sPRL (ParaBoost)

• Voting Duration: 7 days