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 for details on execution.