Xyxyx Improvement Proposals (XIPs)

Overview

Xyxyx Improvement Proposals (XIPs) are governance proposals that aim to (1) propose changes and new features to the protocol; (2) dictate the policy for accessing the Xyxyx Launchpad; and (3) improve governance itself.


Template

The author must use the following template when writing an XIP for voting on Snapshot:

---
[XIP-#] <title>
---
## Abstract
Two or three sentences that summarize the XIP.

## Motivation
A statement on why the Xyxyx community should implement the XIP.

## Motivation
Provide an explanation for why this change is necessary.

## Rationale
An explanation of how the XIP aligns with the Xyxyx community's mission and guiding values.

## Key Terms
Definitions of any terms within the proposal that are unique to the proposal, new to the Xyxyx community, and/or industry-specific. This section is optional, but recommended.

## Specifications
A detailed breakdown of the platforms and technologies that will be used. This is where you can elaborate on the "why" of your design decisions. You can also use this section to describe alternate designs that were considered and related work, e.g. how similar specifications have been successfully (or unsuccessfully) implemented in other chains or languages.

## Steps to Implement
The steps to implement the XIP, including associated costs, manpower, and other resources for each step where applicable. XIPs that involve transactions with third parties will need to ensure that applicable legal documentation and procedures are also included.

## Timeline
Relevant timing details, including but not limited to start date, milestones, and completion dates.

## Overall Cost
The total cost to implement the XIP. The overall cost section should include a breakdown of the total cost of the XIP, including any associated costs for each step where applicable. Consider both fixed costs and recurring costs.

Preamble

XIP drafts on the Governance Forum must include a preamble section at the head of the post using the following template:

XIP#: <number>
Title: <title>
Author(s): <author>
Contributors: <contributors>
Status: <status>
Date Proposed: <yy-mm-dd>
Date Ratified: <yy-mm-dd>
Forum URL: <URL>
Ratification Poll URL: <URL>

Status

  • Draft: This XIP is a work in progress.

  • Proposed: This XIP is issued for voting.

  • Accepted: This XIP has passed and must be executed.

  • Rejected: This XIP has failed to reach community consensus.

  • Implemented: This XIP has been implemented.

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