Proposals & Voting

Anybody with 0.01% of PEP staked can propose a governance action; these are simple or complex sets of actions, such as:

• Distributing PEP tokens allocated to the DAO Treasury for:

  • Token grants that support the PepperDEX ecosystem

  • Initiating incentive programs

  • Partnering with other protocols and teams that support the PepperDEX ecosystem

  • Fees, Features, and Functionalities - the PepperDAO will propose, control and approve

• Trading fees

  • Fee distribution

  • Adding support for new assets

  • Cross-chain expansion opportunities

  • Other features that support the continued success of PepperDEX

• Security - although a priority from the outset of the platform, as PepperDEX grows, security will continually increase in importance. The DAO has complete oversight over current and future bug bounty programs and security audits - the cornerstones of operational security.

• Other topics or matters that are of operational and/or strategic importance

Through governance proposals, the PepperDAO has control over all parts of the PepperDEX ecosystem. The flow of governance proposals is as follows:

• Forum posts are encouraged to be created on the PepperDEX Governance Forum.

  • Open to the public for deeper discussion and community feedback.

• Formal on-chain governance proposals are published and voted upon on the PepperDAO Proposals site as a Pepper Improvement Proposal (PIP)

Proposals are executable code, not suggestions for core contributors or the PepperDAO to implement. They are not limited to the governance protocol itself but extend to all products created by the PepperDAO.

All proposals are subject to a 3-day voting period, and any vePEP holder can vote for or against the proposal as long as they hold vePEP before the creation of the proposal. If a majority, and at least 2% of the total vePEP, supply are cast for the proposal, it is queued in the Timelock and can be implemented after 2 days.