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Expand Up @@ -79,27 +79,30 @@ If a proposal is submitted for a vote and does not pass, but is not vetoed, the

The different requirements for submission and approval of each Proposal Type are summarized below. If a specific template is not specified below, proposals should follow this [standard proposal template.](https://gov.optimism.io/t/standard-proposal-template-optimism-token-house/5443) All governance proposals must fall within one of the following categories. Additional proposal types may be added in future Seasons, according to the Change Process outlined below.

**Duration:** Most proposals go through a two-week review period and a one week voting period. Optimistic approvals only go through a one-week veto period. Maintenance upgrades do not go through a review period, but move straight to one-week veto period.
**Duration:** Most proposals go through a two-week review period and a one week voting or veto period. Exceptions to this include:

- Maintenance upgrades do not go through a review period, but move straight to one-week veto period.
- The Protocol Upgrade process is two weeks, with a one week voting period for the Developer Advisory Board, and a one week stakeholder veto period.

**Quorum:** All votes require 30% quorum.

Depending on the Proposal Type, exact approval and veto threshold requirements may vary. Please note all thresholds may be adjusted iteratively.
| Proposal Type | Description | Proposer | Approving Parties | Voting Type | Approval Threshold | Veto | Veto Threshold** |
|----------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|---------------------------|------------------------|----------------------------------------|----------------------------|-----------------------|
| Maintenance Upgrade Proposals* | Protocol maintenance required to continue network operations on a shorter timescale than voting periods, e.g. to react to L1 hard forks or to perform bugfixes and maintenance on a shorter timeframe. Must not materially change the behavior of the protocol for end users, infra providers, or chain governors. | Permissionless | None | Optimistic approval | N/A | Stakeholder veto + Appeal | Dynamic threshold |
| Protocol and Governor Upgrades | Scheduled changes to the on-chain smart contracts comprising the mainnet Optimism protocol or governance contract. | Permissionless | Developer Advisory Board | Optimistic approval | N/A | Stakeholder veto + Appeal | Dynamic threshold |
| Token Allocations | Token Allocations within the Mission framework. | Budget Board | None | Optimistic approval | N/A | Single House veto | 20% |
| Treasury Appropriations | The amount of OP the Optimism Foundation may spend or distribute annually beyond the 30% of the initial total OP supply | Foundation | Token House | Active approval | 51% | No veto | N/A |
| Inflation | Changes to the inflation rate of newly minted OP (currently capped at 2% annually) | Permissionless | Token House | Active approval | 76% | Citizens’ House veto | N/A |
| Ratification | Ratification of governance documents. | Foundation | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A |
| Code of Conduct Violation | Code of Conduct enforcement actions (including grant policy violations) will be subject to veto by the corresponding House. | Enforcing party outlining actions | Either House | Optimistic approval | N/A | Single House veto | 20% |
| Persistent Structure Dissolution | A persistent structure may be dissolved if it is no longer fulfilling its Charter | Permissionless | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A |
| Representative Removal | Collective Council, Board, and Commission members may be removed from their position for failing to uphold the responsibilities outlined in the relevant Charter or to act with honesty and transparency, in accordance with the [Rules of Engagement](https://gov.optimism.io/t/rules-of-engagement-2-0/5728), including by refraining from engaging in self-dealing. | Permissionless | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A |
| Director Removal | Removal of a director of the Optimism Foundation. | Permissionless | Token House | Active approval | 76% | No veto | N/A |
| Rights Protections | OP holders must consent to any changes to the founding documents of the Optimism Foundation, if those changes would materially reduce their rights. | Foundation | Token House | Active approval | 51% | No veto | N/A |
| Sequencer ETH: Passive Management| Passive management of sequencer ETH accruing to the Collective treasury. | Foundation | Citizens’ House | Active approval | 51% | No veto | N/A |
| Elections | Electing representatives to Councils or Boards. | All qualified candidates | Either or Joint House | Approval voting | Approval voting | No veto | N/A |
| Reflection Period | Experiments with new governance structures, programs, and/or processes. | Foundation | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A |
| **Proposal Type** | **Description** | **Proposer** | **Approving Parties** | **Voting Type** | **Approval Threshold** | **Veto** | **Veto Threshold**** | Duration |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Maintenance Upgrade Proposals* | Protocol maintenance required to continue network operations on a shorter timescale than voting periods, e.g. to react to L1 hard forks or to perform bugfixes and maintenance on a shorter timeframe. Must not materially change the behavior of the protocol for end users, infra providers, or chain governors. | Permissionless | None | Optimistic approval | N/A | Stakeholder veto + Appeal | Dynamic threshold | One week veto period |
| Protocol and Governor Upgrades | Scheduled changes to the mainnet Optimism protocol (smart contracts and/or hardforks) or governance contract. | Permissionless | Developer Advisory Board | Active Approval | N/A | Stakeholder veto + Appeal | Dynamic threshold | One week voting period for the Developer Advisory Board to vote; one week veto period |
| Token Allocations | Token Allocations within the Mission framework. | Budget Board | None | Optimistic approval | N/A | Single House veto | 20% | Two week review period; one week veto period |
| Treasury Appropriations | The amount of OP the Optimism Foundation may spend or distribute annually beyond the 30% of the initial total OP supply | Foundation | Token House | Active approval | 51% | No veto | N/A | Two week review period; one week voting period |
| Ratification | Ratification of governance documents. | Foundation | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A | Two week review period; one week voting period |
| Persistent Structure Dissolution | A persistent structure may be dissolved if it is no longer fulfilling its Charter | Permissionless | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A | Two week review period; one week voting period |
| Representative Removal | Collective Council, Board, and Commission members may be removed from their position for failing to uphold the responsibilities outlined in the relevant Charter or to act with honesty and transparency, in accordance with the [Rules of Engagement](https://gov.optimism.io/t/rules-of-engagement-2-0/5728), including by refraining from engaging in self-dealing. | Permissionless | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A | Two week review period; one week voting period |
| Director Removal | Removal of a director of the Optimism Foundation. | Permissionless | Token House | Active approval | 76% | No veto | N/A | Two week review period; one week voting period |
| Rights Protections | OP holders must consent to any changes to the founding documents of the Optimism Foundation, if those changes would materially reduce their rights. | Foundation | Token House | Active approval | 51% | No veto | N/A | Two week review period; one week voting period |
| Sequencer ETH: Passive Management | Passive management of sequencer ETH accruing to the Collective treasury. | Foundation | Citizens’ House | Active approval | 51% | No veto | N/A | Two week review period; one week voting period |
| Elections | Electing representatives to Councils or Boards. | All qualified candidates | Either or Joint House | Approval voting | Approval voting | No veto | N/A | Two week review period; one week voting period |
| Reflection Period | Experiments with new governance structures, programs, and/or processes. | Foundation | Either or Joint House | Active approval | 51% Single House, 60% Joint House | No veto | N/A | Two week review period; one week voting period |
| Inflation | Changes to the inflation rate of newly minted OP (currently capped at 2% annually) | Permissionless | Token House | Active approval | 76% | Citizens’ House veto | N/A | Two week review period; one week voting period; one week veto period |
| Code of Conduct Violation | Code of Conduct enforcement actions (including grant policy violations) will be subject to veto by the corresponding House. | Enforcing party outlining actions | Either House | Optimistic approval | N/A | Single House veto | 20% | One week veto period |

*The Maintenance Upgrade Proposal Type is needed because L1 releases may not align with Optimism’s standard voting cycles.

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