Would like to give some thoughts and also opinions on how we can move towards a sustainable model of community governance.
It would be up to community (and MTA token holders) to help map out the governance process and standards that will drive mStable forward.
I think how the process should start would be a discussion around a proposal - it could be a forum or in Discord - obviously Discord has some limitations around following the topic - but the key focus should be to gather as much information, data and knowledge about a proposal and gather the community’s support around your ideas.
Providing some signal (e.g. yes/no) with an explanation or data to support your view would be ideal - this would help the community to make informed decisions with a balanced viewpoint. As new ideas get floated, we could edit and extend the original discussion to new proposals.
We should avoid making rash changes to the protocol with short term/uninformed views as far as possible.
I think once the discussion has reached some form of maturity we can look into a proper signalling/voting process. Of course once on-chain voting is live, the process might look different.
Once a proposal is passed/voted, then there’s obviously a period of time where the proposal needs to be vetted/audited for feasibility and any protocol changes that’s not a parameter change might have to be coded by the team - this takes time. Not every proposal will just get implemented readily.
Happy to hear everyone’s thoughts on this.