47 proposals so far
Every grant over $100k goes to a vote
ORL holders decide how the treasury is spent. Anyone can write a proposal, every vote is on chain, and the council carries out what passes.
How a proposal passes
Four stages, about three weeks
- DraftPosted on the forum for feedback
- DiscussionSeven days, edits welcome
- VoteFive days, 4% quorum
- ExecutionCouncil carries it out within 14 days
Rules
The numbers that decide a vote
- Quorum
- 4% of staked ORL
- To pass
- More than 50% of votes for
- Voting power
- 1 staked ORL, 1 vote
- Delegation
- Allowed, can be withdrawn any time
Proposals
Every vote so far
- ActiveOIP-47
A second audit for the bridge contracts
Voting ends in 3 days
72% for · 21% against72% for · Voting ends in 3 days
- PassedOIP-46
Lower the base fee by 12%
Passed on 18 Nov with 81% for
81% for · 15% against81% for · Passed on 18 Nov with 81% for
- QueuedOIP-45
Add nine Lisbon operators to the validator set
Executes on 2 Dec
77% for · 18% against77% for · Executes on 2 Dec
- PassedOIP-44
Budget for round 7: $3.2M for payments and wallets
Passed on 30 Oct with 88% for
88% for · 9% against88% for · Passed on 30 Oct with 88% for
- RejectedOIP-43
Move 5% of the treasury into short-term bonds
Rejected on 12 Oct with 39% for
39% for · 58% against39% for · Rejected on 12 Oct with 39% for
- PassedOIP-42
Pay for Spanish and Portuguese docs
Passed on 2 Oct with 92% for
92% for · 6% against92% for · Passed on 2 Oct with 92% for
Have an idea for the treasury?
Start a thread on the forum. If it gathers support in seven days, it goes to a vote.
