Official Proposal Template

This document exists to serve Gelato’s Governance Process and acts as a suggested template to create Proposals for influencing change, issuing requests or performing upgrades to the Gelato Network.

Summary: What is the core objective of the Proposal and what does it aim to achieve?

Background & Motivation:A well formulated explanation of the proposed idea or change. What problems or opportunities are being addressed? Provide an in depth overview of the reason for issuing this Proposal and how implementing it will create value for the Gelato Network and its community.

Specification: Include references to previous discussions or documentation relevant to the suggested change if applicable,
State clear FOR and AGAINST positions and include a Poll if necessary.

Participants/Team: Who will be leading the Proposal and implementing the desired changes or upgrades to the protocol? Will additional resources be required to complete this proposal?

Allocated Budget (If applicable):What is the allocated budget needed to facilitate this Proposal and how will these funds be distributed?

Milestones and Deliverables: : How long will the implementation or change require to achieve completion? What will a successful implementation look like when it is achieved? Please provide a timeline of the most important milestones and deliverables.

Risks: Please outline any risks that might arise from implementing this proposal.

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Shall the existing proposals in the Proposals section be resubmitted in this format?

We can leave the existing ones as they classify as being informal discussions.