4 - Adoption of Proposed SHx Governance Rules

This proposal asks if the proposed SHX Governance Rules be adopted as the foundational rules for how SHx governance is conducted.

Event	Date	Notes
Snapshot Time	Dec 11, 2024 20:00 GMT
Vote Start	Dec 16, 2024 20:00 GMT
Vote End	Dec 21, 2024 20:00 GMT
Results Published	Dec 31, 2024 20:00 GMT
Implementation	Q1 2025

Description

The vote seeks approval for the adoption of the Proposed SHx Governance Rules document, which establishes the governance framework, voting processes, and amendment procedures for SHx governance on the Stellar and Ethereum networks.

Background

The Proposed SHx Governance Rules are designed to formalize SHx governance, ensuring transparency, security, and trust. Key highlights include:

• Voting mechanics based on Active Circulating Supply and token snapshots.

• Proposal lifecycle processes, including community discussions, draft proposals, and binding votes.

• Governance structures, such as the requirements for super-majority and simple-majority approvals for different types of proposals.

Adopting these rules is a foundational step in enhancing Stronghold's decentralized governance approach and streamlining future decision-making processes.

Voting Notes

The vote asks if the Proposed SHx Governance Rules document should be adopted as the foundational governance framework for SHx, passing by simple majority.