# Creating a Proposal

Any token holder with at least 1 winning ticket worth of tokens can create a governance proposal for their token's DAO. The threshold equals the raffle's "Winning Ticket" amount — the same number of tokens a single raffle winner receives.

## Steps

1. Go to **Governance** and select a DAO.
2. Click **Create Proposal**.
3. Follow the four-step form:

### Step 1: Choose Action Type

Select what your proposal does:

* **Manage LP Tokens** — Lock, migrate, or rebalance the DAO's liquidity position
* **Mint Tokens** — Create new tokens and send them to an address
* **Burn Tokens** — Burn tokens from an address
* **Update Token Metadata** — Change the token's name, symbol, URI, or description
* **Transfer Funds** — Send APT or tokens from the DAO treasury

### Step 2: Configure the Action

Depending on your action type:

**Manage LP Tokens:**

* Select the DEX venue
* Choose an LP action:
  * **Lock** — Lock LP tokens for a specified duration (in days)
  * **Migrate** — Move liquidity to a different DEX
  * **Rebalance** — Remove some or all liquidity, optionally re-add at different ratios. Removed funds go to the DAO treasury.

**Mint Tokens:**

* Enter the amount to mint
* Enter the destination wallet address

**Burn Tokens:**

* Enter the amount to burn
* Enter the source wallet address

**Update Token Metadata:**

* Check which fields to update (name, symbol, URI, description)
* Fill in the new values for checked fields

**Transfer Funds:**

* Select the asset (APT or token)
* Enter the amount
* Enter the destination wallet address

### Step 3: Set Voting Parameters

* **Proposal Title** — A clear, descriptive title
* **Description** — Explain what you're proposing and why
* **Voting Start** — Start now or schedule for a future date
* **Voting Duration** — How many days the vote stays open (default: 7)
* **Quorum %** — Minimum voting participation required (default: 20%)
* **Pass Threshold %** — Percentage of yes votes needed to pass (default: 50%)

### Step 4: Review and Submit

Review all parameters and click **Submit Proposal**. Sign the transaction in your wallet to create the proposal on-chain.

## Requirements

* Hold at least **1 winning ticket worth of tokens** to create a proposal.
* Wallet must be connected.

## After Submission

Your proposal appears in the DAO's proposal list with an **Active** status badge. Other token holders can now vote on it for the duration you configured.

Once the proposal passes and the voting period ends, anyone can execute it — see [Voting](/governance/voting.md) for details on execution.


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