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
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
Creating Proposals
Idea Generation: Share your ideas in the governance forum and gather community feedback.
Proposal Drafting: Draft a detailed proposal outlining the changes you wish to implement.
Community Discussion: Engage with the community on Discord and the governance forum to refine your proposal.
Wallet Setup: Ensure your wallet is connected and has sufficient MEME tokens (100,000+ required for proposal creation).
Delegate Tokens: Delegate your MEME tokens to yourself to activate voting power.
Submission: Submit your proposal via the governance portal at governance.memetrade.com.
Mobile Wallet Users
For MemeTrade mobile app users:
Browser Access: Open governance.memetrade.com in your browser
QR Connection: Connect your mobile wallet by scanning the QR code
Delegation: Use the delegation modal to activate your voting power
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:
Hook: Start with compelling motivation
Problem: Clearly define the issue
Solution: Present your proposal
Benefits: Explain positive impacts
Implementation: Provide realistic plan
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
Start Small: Vote on existing proposals
Join Discussions: Participate in forum debates
Learn the Process: Understand governance mechanics
Build Reputation: Become a trusted community member
For Experienced Users
Create Proposals: Address platform needs
Become a Delegate: Help others participate
Moderate Discussions: Maintain forum quality
Mentor Newcomers: Help onboard new participants
Resources
Governance Portal: governance.memetrade.com
Discussion Forum: forum.memetrade.com
Discord: #governance channel
Weekly Calls: Thursdays 16:00 UTC
Stay tuned for updates on the governance feature launch and how you can participate in shaping the future of MemeTrade.
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