Exceptional Governance

With a DAO first approach to implementing governance, Liqwid has always prioritized community feedback in the decision making process. It’s now the responsibility of the collective Liqwid ecosystem to form consensus on the governance systems, processes, and standards that will drive the protocol to long-term sustainable growth.

From the start of development our core team has dedicated resources to building community-led structures with a laser-like focus on the steps required to complete a smooth transition of protocol governance into the Liqwid ecosystem’s hands at v1 launch. This process began in our Discord and is now progressing into this more formal community-led Discourse. Similar to the community standards developed in the early days of Discord it’s now up to the entire community to define the governance processes and standards that will propel Liqwid into the future long-term. Core to these standards must be a focus on guaranteeing the protocol is robust financial infrastructure for developers, and a set of deterministic liquidity markets for users.

Recently I spoke on my voting decision support framework as an individual LQ token-holder. Exceptional governance begins with active community members quantifying net value add and a well-informed set of Liqwid voters backing talented proposal teams at scale. The Liqwid ecosystem can conform to, augment, refine, or ignore any of this as you see fit. This is a living document that will be updated by including community feedback. Community commentary is welcomed .

Idea Discussion

Liqwid proposals should all start with idea discussion, community feedback, and due diligence. A single forum post in the Idea Discussion section is a good way to organize initial dialogue on a new idea or concept.

In this early governance phase the proposal team’s future success hinges on ensuring they include accurate data points and detailed information on the net value add of their upcoming proposal. Proposal teams should incorporate a complete set of relevant data points and analysis into their discussion/documentation. Requesting community commentary is always encouraged and extra kudos to proposal teams who use the forum to pose insightful questions. Commenting you agree or disagree with a new idea is good, articulating why you agree/disagree is great, supporting your position with accurate and compelling information is exceptional. It’s up to every Liqwid community member to aim for exceptional. Discuss the entire range of feasible options with objectivity and tolerance.

The diversity in the Liqwid ecosystem is our strength; have patience receiving varied feedback on your ideas and remember that most commentary is coming from unbiased community members whose incentives are aligned with the best interest of the protocol.