Governance through CIPs

First, any community member can make a proposal (CIP) (Cover Protocol Improvement Plan) by creating a new topic onforum.coverprotocol.comfollowing the format here. The proposal will be discussed and voted on prior to being uploaded to Snapshot.

Second, if the proposal has gained enough traction and has positive sentiment, the proposal creator can contact a team member to have it added tosnapshot.pageas a core proposal. Community members can also add it themselves if they have 10 or more $COVER tokens.

Third, after the snapshot vote has concluded, the team will wait 48 hours before executing the decision.