Welcome to the Euler Governance Forum

Welcome!

This forum is dedicated to discussions on Euler governance. Relevant topics include:

  • Governance proposals
  • Proposal discussions
  • Site feedback
  • Risk assessments

This is not the place for:

  • EUL price discussion
  • Generic Euler discussion
  • Euler support requests
  • Off-topic conversations

If you need technical help, or want a place for more general discussion, visit the official Euler Discord .

Common Questions

Resources

Welcome to the official Euler Governance Forums!

Below we have provided a template on how to structure your Euler proposals in order to offer a more comprehensive & efficient deliberation process.

Governance Process

Please note that this process will come into force once we’ve decentralised the protocol via distribution of EUL tokens. As of now, these proposals will be handled by a multisig.

Idea
A great place to start a discussion on a potential governance proposal is the idea section. If you feel confident that your idea is relevant to the community and is well-formulated, ping one of the mods and he’ll move your idea to the [RFC] category.

[RFC] Request for Comment
If the idea is well-formulated and is relevant to the project and community, a moderator will approve your [RFC] for debate.

The [RFC] is the first step in creating a governance proposal. Make sure it’s well-formulated, be proactive with the community and be open to suggestions. It typically takes a week for the [RFC] to mature before it becomes an eIP.

Governance Proposal
If the [RFC] is well-formulated and the community has a clear understanding of the proposal and supports your [RFC], it will be moved by a mod to the governance category as an eIP: Euler Improvement Proposal.

It typically takes at least 4 days for the eIP to mature before an official Snapshot vote can be submitted.

Snapshot
A snapshot vote does not always need to be posted by the original eIP author, it can be posted by someone else or by the core team in case the minimum threshold of EUL is not being met.

When starting a Snapshot, it is important to set the duration to at least 3 days to give the community enough time to cast their vote.

A Snapshot should always have the link to the eIP attached. The parameters of the poll (Yes, No, different options for values) need to mirror the options discussed in the eIP.

Proposal Structure

  • Title: [Enter Proposal Title]
  • Author(s): [enter name(s) of associated authors]
  • Related Discussions: [paste link here]
  • Submission Date: [Enter Date]

Body Paragraphs:

  • Simple Summary: Give the community a TL;DR on your proposal; no more than 2-3 sentences.
  • Abstract: Introduce and expand on the proposal. Highlight key points on how the proposal will improve stakeholder/tokenholder experience, protocol performance, and the overall implementation process.
  • Motivation: What problems will this proposal address/solve? What’s the value-add?
  • Specification & Implementation: Present the implementation of the proposal and answer key relevant question to the protocol
  • Voting: Define what a “yes” and “no” vote entails. If there are any Snapshot votes or forum polls associated with this proposal, please attach them.

A good governance proposal example can be found here: eIP: Promote WBTC to collateral tier.

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A small step for Euler, A big step for defi and web3!

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