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Proposal process
The Merit Circle DAO is controlled by MC token holders who submit and vote on off-chain proposals that decide what actions the DAO will undertake. Whenever a proposal receives a majority of the votes, this proposal will be implemented by a multi-signature wallet.
This means that changes must be signed by a majority of the multi-signature wallet; currently, there are seven signatories. This means that four out of seven signatures are required to ratify any changes.

Where can I talk about proposals?

Prior to making a formal proposal, several community members will already have started discussions across our various channels. The main discussions are held in the following channels:

How do I make a proposal?

Proposals should be created on the governance forum in the governance section according to the template that can be found below.

How do I vote on a proposal?

Simply head over to vote.meritcircle.io and see which proposals are open for voting.

How is a new proposal implemented?

Once a proposal has passed, changes will be implemented by Merit Circle DAO's protocol or operations team and signed by the multi-sig, if necessary.