Business Proposal
Overview
Any member of the Congress can initiate the decision-making process by submitting a business proposal.
Proposal Requirements
Type of proposal
Proposal title
Voting period
Requested amount (in BOA)
Business goals and description
Attachments (PDF)
Attachments (PDF) Required Content
Project name
Team introduction
Email, GitHub, website
Short description
Problem and solution
Technical specifications and architecture
Roadmap and milestones
Budget per milestone
Contribution factors
License / Open source
Expected outcomes
Demo, documentation
Proposal Registration Conditions
A fee must be paid when registering a proposal.
The fee may change according to policy, but is currently set at 1/1000 of the requested amount and is automatically calculated.
The proposer’s wallet must contain enough BOA to cover the fee in order to register the proposal.
Participation Process
Business proposals proceed through three stages: discussion → evaluation → voting.
1. Discussion
Members can submit opinions, and once registered, opinions cannot be modified or deleted.
2. Evaluation
Only Evaluators can participate in evaluation.
The suitability of the proposal is reviewed to determine whether it can proceed as a formal proposal.
Evaluation lasts for 7 days, including the registration date.
Only proposals that pass evaluation will move to voting.
3. Voting
Before voting begins, all voters receive 0.005 BOA as a voting cost subsidy.
Members can vote for, against, or abstain.
All voting data is recorded on the blockchain for transparency.
Decision Rules
At least one-third of all members must participate to meet quorum.
A proposal is approved if the percentage of for votes exceeds the percentage of against votes by at least 10%.
Post-Approval
Approved proposals allow funds to be withdrawn immediately after the voting period closes.
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