Proposals

MemeTrade governance proposals are the heart of our decentralized decision-making process. Learn how to create, review, and track proposals that shape the platform's future.

Note: The governance feature is currently under development and is based on the OpenZeppelin Governor framework. It is not live yet, but once launched, it will enable community participation in decision-making processes.

Active Proposals

MTP-005: Cross-Chain Expansion to Arbitrum

Status: 🗳️ Active Voting (3 days remaining) Proposer: @CrossChainDev Type: Protocol Feature Required Votes: 51% majority

Summary: Deploy MemeTrade contracts to Arbitrum One to reduce trading costs and increase accessibility for users seeking lower fees.

Current Results:

  • For: 2,150,000 votes (67.3%)

  • Against: 850,000 votes (26.6%)

  • Abstain: 195,000 votes (6.1%)

  • Quorum: 3,195,000 / 960,000 ✅ (332.8%)

Key Details:

  • Deployment cost: 50,000 $MEME from treasury

  • Timeline: 4-6 weeks implementation

  • LayerZero OFT enables seamless bridging

  • Audit required before deployment

🗳️ Vote Now | 💬 Discuss


MTP-004: Reduce Creator Fee Maximum to 3%

Status: ⏱️ Timelock (1 day remaining) Proposer: @FairTrade Type: Parameter Change Passed: 73.2% in favor

Summary: Reduce the maximum creator fee from 5% to 3% to make token trading more attractive while still incentivizing quality token creation.

Final Results:

  • For: 2,850,000 votes (73.2%)

  • Against: 950,000 votes (24.4%)

  • Abstain: 95,000 votes (2.4%)

Implementation: Automatic execution in 24 hours


MTP-003: Governance Rewards Program

Status: 🔍 Discussion (5 days remaining) Proposer: @GovRewards Type: Treasury Allocation Required Votes: 51% majority

Summary: Implement rewards for governance participation to increase voter turnout and improve proposal quality.

Proposed Rewards:

  • 10 $MEME per vote cast

  • 2x bonus for >80% participation

  • 1.5x bonus for early voting

  • Additional rewards for quality forum participation

Budget: 100,000 $MEME over 6 months

💬 Join Discussion

Creating Proposals

  1. Idea Generation: Share your ideas in the governance forum and gather community feedback.

  2. Proposal Drafting: Draft a detailed proposal outlining the changes you wish to implement.

  3. Community Discussion: Engage with the community on Discord and the governance forum to refine your proposal.

  4. Wallet Setup: Ensure your wallet is connected and has sufficient MEME tokens (100,000+ required for proposal creation).

  5. Delegate Tokens: Delegate your MEME tokens to yourself to activate voting power.

  6. Submission: Submit your proposal via the governance portal at governance.memetrade.com.

Mobile Wallet Users

For MemeTrade mobile app users:

  1. Browser Access: Open governance.memetrade.com in your browser

  2. QR Connection: Connect your mobile wallet by scanning the QR code

  3. Delegation: Use the delegation modal to activate your voting power

  4. Proposal Creation: Use the "Create Proposal" interface with QR signing for transactions

Reviewing Proposals

  • Proposal Details: Review the specifics of each proposal, including potential impacts and benefits.

  • Community Feedback: Consider feedback from other community members and stakeholders.

  • Voting: Participate in the voting process to support or oppose proposals.

Tracking Proposals

  • Governance Portal: Use the Governance Portal to track proposal status and outcomes.

  • Discussion Forums: Join ongoing discussions to stay informed about proposal developments.

Proposal Examples

Successful Proposals

MTP-001: Launch MemeTrade on Base Mainnet

Status:Executed Passed: 89.3% in favor Impact: Enabled real economic value and creator fees

Lessons Learned:

  • Clear migration plan crucial for success

  • Community excitement drove high participation

  • Thorough testing reduced implementation risks

MTP-002: Implement Liquidity Mining Rewards

Status:Executed Passed: 76.8% in favor Impact: Increased platform TVL by 340%

Key Success Factors:

  • Sustainable tokenomics design

  • Clear reward structure

  • Strong community support

Failed Proposals

MTP-000: Increase Trading Fees to 0.5%

Status:Rejected Failed: 68.2% against Reason: Community preferred current 0.3% fee

Analysis:

  • Insufficient justification for fee increase

  • Lacked community buy-in

  • Competing platforms offered lower fees

Proposal Categories & Guidelines

Parameter Changes

Common Parameter Proposals:

  • Trading fee adjustments (0.1% - 1.0%)

  • Creator fee limits (1% - 5%)

  • Minimum token requirements

  • Liquidity mining reward rates

Guidelines:

  • Provide data supporting the change

  • Consider impact on all user types

  • Include reversibility plan if needed

  • Test on testnet if possible

Protocol Features

Feature Addition Examples:

  • New token templates

  • Cross-chain functionality

  • Advanced trading features

  • Social features and integrations

Requirements:

  • Detailed technical specification

  • Security audit plan

  • Implementation timeline

  • Resource requirements

Treasury Proposals

Funding Categories:

  • Developer grants and bounties

  • Marketing and growth initiatives

  • Security audits and bug bounties

  • Infrastructure and tooling

Budget Guidelines:

  • Requests under 50,000 $MEME: Simple majority

  • Requests 50,000-200,000 $MEME: 60% majority

  • Requests over 200,000 $MEME: 67% supermajority

Contract Upgrades

Upgrade Types:

  • Security fixes and improvements

  • Gas optimization updates

  • New feature implementations

  • Bug fixes and patches

Security Requirements:

  • Professional audit required

  • 7-day timelock minimum

  • Emergency pause capability

  • Rollback plan prepared

Proposal Templates

Parameter Change Template

# MTP-XXX: [Parameter Change Title]

## Summary

[Brief description of parameter change]

## Current vs Proposed

| Parameter | Current | Proposed | Change |
| --------- | ------- | -------- | ------ |
| [Param 1] | [Value] | [Value]  | [%]    |

## Motivation

[Why this change is needed]

## Implementation

[How the change will be implemented]

## Risks

[Potential negative impacts]

## Success Metrics

[How to measure success]

Feature Proposal Template

# MTP-XXX: [Feature Title]

## Summary

[Brief description of new feature]

## Motivation

[Problem this feature solves]

## Specification

[Detailed technical description]

## User Experience

[How users will interact with feature]

## Implementation Plan

[Development timeline and phases]

## Resource Requirements

[Development cost and timeline]

## Risks and Mitigation

[Potential issues and solutions]

## Success Metrics

[How to measure feature success]

Treasury Proposal Template

# MTP-XXX: [Treasury Request Title]

## Summary

[Brief description of funding request]

## Requested Amount

[Amount in $MEME tokens]

## Use of Funds

[Detailed breakdown of fund usage]

## Team/Organization

[Who will execute the proposal]

## Timeline

[Project milestones and deadlines]

## Deliverables

[Specific outcomes and results]

## Success Metrics

[How to measure project success]

## Accountability

[Reporting and progress tracking]

Proposal Best Practices

Writing Effective Proposals

Title Guidelines:

  • Clear and specific

  • Under 60 characters

  • Action-oriented language

  • Avoid technical jargon

Content Structure:

  1. Hook: Start with compelling motivation

  2. Problem: Clearly define the issue

  3. Solution: Present your proposal

  4. Benefits: Explain positive impacts

  5. Implementation: Provide realistic plan

  6. Risks: Address potential concerns

Visual Elements:

  • Use tables for comparisons

  • Include diagrams for complex features

  • Add charts for data visualization

  • Provide mockups for UI changes

Community Engagement

Pre-Proposal Phase:

  • Share ideas early and often

  • Listen to community feedback

  • Iterate based on suggestions

  • Build coalition of supporters

During Voting:

  • Answer questions promptly

  • Provide additional clarification

  • Remain professional and respectful

  • Accept criticism constructively

Post-Vote:

  • Thank community for participation

  • If passed: Help with implementation

  • If failed: Learn from feedback

  • Consider revised versions

Common Mistakes to Avoid

Poor Preparation:

  • Insufficient community discussion

  • Lack of technical research

  • Unrealistic timelines

  • Missing risk analysis

Presentation Issues:

  • Unclear or confusing language

  • Too technical for general audience

  • Missing important details

  • Poor formatting and structure

Community Relations:

  • Ignoring community feedback

  • Defensive responses to criticism

  • Rushing the proposal process

  • Lack of engagement during voting

Historical Proposals

Governance Timeline

Genesis Period (Jan 2024)

  • MTP-001: Launch on Base Mainnet ✅

  • MTP-002: Implement Liquidity Mining ✅

Growth Phase (Feb-Mar 2024)

  • MTP-003: Governance Rewards Program 🔍

  • MTP-004: Reduce Creator Fee Maximum ⏱️

  • MTP-005: Cross-Chain Expansion 🗳️

Notable Statistics

Overall Governance Health:

  • Total Proposals: 6

  • Success Rate: 67% (4/6 passed)

  • Average Participation: 3.2M votes

  • Average Quorum: 285%

Community Engagement:

  • Active Voters: 1,247 unique addresses

  • Average Discussion Length: 47 comments

  • Delegate Participation: 89%


Get Involved

For New Participants

  1. Start Small: Vote on existing proposals

  2. Join Discussions: Participate in forum debates

  3. Learn the Process: Understand governance mechanics

  4. Build Reputation: Become a trusted community member

For Experienced Users

  1. Create Proposals: Address platform needs

  2. Become a Delegate: Help others participate

  3. Moderate Discussions: Maintain forum quality

  4. Mentor Newcomers: Help onboard new participants

Resources

Stay tuned for updates on the governance feature launch and how you can participate in shaping the future of MemeTrade.

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