Proposal to Spartan DAO
If you want to submit a new proposal there is a 100 SPARTA fee for it to be listed. This is done to discourage spam proposals and ensure the proposal being put forward has been thought about. The fee is allocated to the DAO contract to be used towards "Grants"
If a proposal reaches a voting weight greater than 50% of the total DAO weight, it will automatically be switched over to "finalising" status by the smart contract, where it will sit for the "CoolOffPeriod" (currently set at 3 days). After the "CoolOffPeriod" has passed, anyone can attempt to finalise the proposal where it will recalculate and if still above 50% will automatically run the required function/s to make the proposed action happen.
In the case below when > 50% of votes are reached, 2.5M SPARTA will be added to the Bond+Mint contract. If you want to vote against the proposal all you need to do is….nothing. Well, except ensuring you have some weight in the DAO that is NOT voted "for" the proposal. By not voting you are voting "no" on the proposal. The intent is that proposals will need to be actively communicated within the community channels on telegram, debated, refined and then collectivity moved forward. The majority of the community will need to support the proposal to get it to move forward.
Spartan Protocol | Liquidity Protocol on Binance Smart Chain
Spartan Protocol provides community-governed and programmable token emissions functions to incentivize the formation of deep liquidity pools. This strong base of liquidity will be utilized to provide asset swaps, synthetic token generation, lending, derivatives and more. The common base asset SPARTA provides an internal pricing mechanism without reliance on external oracles.