The SuperFarm Foundation recently announced the beginning of its push towards decentralized governance with the release of Snapshot.org community voting. This is a major step towards decentralization and one that comes with many shades of grey. This post is intended to clarify what Snapshot will be used for and how proposals may eventually be adopted.
Rome was not built in a day, and neither are systems of governance. Even after centuries, governance is a messy process with many pitfalls.
In the blockchain world, governance holds the promise to create autonomous organizations that exist without leaders. On-chain governance allows communities to govern themselves, and the optimistic view of this is incredibly inspiring.
As stated above all paths towards decentralization evolve in phases — so too is the road towards complete on-chain governance. For this reason, the governance for SuperFarm will evolve in phases.
Phases of Governance
Phase 1: Launch
During the first 12 months, governance proposals will be considered non-binding. All voices will be heard and listened to, as they help form a round vision of the future for SuperFarm’s decentralized tech stack. They will strongly inform how SuperFarm evolves and assesses its progress, but will not be guaranteed to take effect.
Phase 2: Ascension
After the Planting phase, the roadmap will include votes for an elected governing council, which together with SuperFarm Foundation will maintain the power to deny proposals, for an estimated period of 12 months. During this period, proposals with the necessary votes can still be vetoed by any of the appointed entities, but will otherwise be binding. Implementation of passed proposals will be based on available development and network resources.
Phase 3: Orbit
After the Cultivation phase, proposals can only be vetoed by a majority of the elected council. In this phase, community proposals have a structured path to full adoption and eventual implementation.
Initial Proposal Guidelines
- A valid proposal should include a summary.
- A valid proposal should include an abstract.
- A valid proposal should describe the motivation to do it.
- A valid proposal shall recognize both advantages and disadvantages.
- A valid proposal must include an option not to adopt changes.
- A valid proposal must establish a quorum of voters, as represented by at least 5% of the circulating supply of SUPER.
- A valid proposal must be technically and economically feasible.
Implementation of passed proposals will be based on available resources in the network.
It is a tremendous source of pride to have a decentralized community of over 30,000 holders (and an audience of followers in the hundreds of thousands!!) that are passionate about the growth of SuperFarm. The future is bright, and the promise of decentralized governance will allow the wisdom of the crowd to guide the growth of this project. In the time between now and the full realization of SuperFarm’s on-chain governance, it is up to all members of the community to act boldly in favor of the best outcomes for all.