DAO Proposals

Any EUL holder with a sufficient balance may create an off-chain proposal for a DAO action via Snapshot. These proposals are then voted on by entities delegated by EUL holders. As an EUL holder, you can delegate your voting power on Tally. Individual EUL holder may delegate themselves in order to participate directly.

The steps to create a proposal are the following:

• Open a forum thread on the Euler Forum to initiate discussion of your proposal. This will help you incorporate feedback from the community, and to build interest and support in your proposal.
• Ensure you have a sufficient balance of EUL to create the proposal. Currently this minimum balance is 500 EUL.
• Delegate your wallet's voting power to yourself on Tally
• Create the proposal on Snapshot
• Notify the community about the proposal on the Forum, Discord, and elsewhere as appropriate