CIP stands for CityDAO Improvement Proposal. Passing a CIP is needed whenever funds are allocated by the DAO towards an initiative. If you have an idea for a CIP, the first step is to write up the CIP using the below template. Then post it on https://forum.citydao.io. If you get confused, pop in the Discord and ask questions.
- Writing: Any Citizen NFT holder may write a proposal and post it on the forum.
- Discussion: For a proposal to move from forum to snapshot, it must receive 20 likes within 3 weeks.
- Voting: A proposal is posted on Snapshot for a vote.
After it passes, the multisig allocates funds to the project!
To be considered a valid proposal, the Planning Guild asks Citizens to use the following format:
1. Proposal TLDR
Describe your proposal, how much money it allocates and to whom, and the expected outcome.
2. Project Team
Please describe team members and their qualifications.
3. Proposal Budget
Please include how much money will be allocated to the project and what types of assets (for example, ETH, USDC, Citizen NFTs).
Describe the justification for how those funds will be spent.
Describe comp for team members and how that comp is distributed (for example hourly, upon completion, etc)
4. Timeline and Deliverables
How long until the project is complete? What are some milestones the DAO can look forward to?
What might go wrong?
Will the project require creating new legal entities, new tax burdens for the DAO, or issuing new tokens?
A proposal may be amended between forum post and snapshot posting but amendments should be disclosed on the snapshot clearly in the TLDR section.