Initiating Governance Proposals Guidelines

Sögur’s governance system allows Participants to submit governance proposals for the consideration of other Participants which then may support turning the proposal to an official binding vote on Sögur’s Voting Page. For this to occur the Participant initiated proposal must be supported by more than 5% of the total voting power.

These guidelines provide the information required for submitting a proposal. Proposals which do not follow these rules guidelines will be blocked. Sögur’s Voting Terms and Conditions, present a detailed and legal description of the validation process of a new proposal.

Proposals initiated by holders are submitted and voted upon in Sögur’s space on the snapshot.page platform and must adhere to the following rules and guidelines:

Reserve Management

Liquidity Management

Miscellaneous

The technical requirements for submitting a proposal are:

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