Governance
TAN Improvement Proposal (TANIP) Rules
The process used by the TAN Council to make decisions related to TAN improvements and policies.
Overview
The TAN Improvement Proposal (TANIP) process is used to govern all TAN improvements and policies.
Councils | Representation | Process, Domain of Authority | Decision-making Rules |
---|---|---|---|
TAN Council | TAN Council · Members: 6 · Representation: Stakers: 2 reps Developers: 2 reps Liquidity Miners: 1 rep Validators: 1 rep | Telcoin Application Network Improvement Proposal (TANIP) TAN operational rules including allocation, harvesting, planning and financing, information, communication. | Proposal Authority: TAN Council, TAO Approval: 5 out of 6 Quorum: 100% Duration: 120 hours Channel: telcointancouncil.eth |
TANIP: Position and Boundary Rules
Proposal Authors
Voters
Implementation units
TANIP Choice Rules
The TANIP process may be used to approve, provide and implement TAN improvements that involve TAN network components, TEL inventory, storage facilities, issuance distribution mechanisms, and regulate TAN harvesting, communication, provisioning, maintenance, construction policies and activities.
Permitted Actions
Using the TANIP process, the TAN Council is permitted to:
- TAN Harvesting Rules: Determines who is allowed to harvest issuance; the timing, quantity, location and technology used to harvest issuance on TAN.
Example: A proposal to reduce inclusion issuance and increase adoption issuance for stakers.
- TAN Provisioning and Development: Improvements that provide for the construction and maintenance of new and existing TAN components and facilities as determined by the TAN Council.
Example: A proposal to create a new staking contract that allocates issuance and coordinates with the TAO or another third party as stipulated in the proposal, to implement the upgrade.
- TAN Communication and Information Rules: Proposals that add new or alter existing communication and information systems including the TAN section of the Telcoin Discord and the scheduling of periodic community discussions.
Example: A proposal to add a ‘gated channel’ on the TAN section of the Telcoin Discord, requiring users to verify their staked TEL balance in order to access the channel.
- TAN Issuance Storage & Distribution Mechanisms: Proposals that alter the infrastructure used to store and distribute TEL issuance from the TAN Council safe.
Example: The TAN Council votes to use an automated smart contract system to distribute TEL to staking contracts periodically instead of via airdrop.
Forbidden Actions
Using the TANIP process, the TAN Council is forbidden to:
TANIP: Decision-making Rules
Proposal Rules
- Requirements: The proposal author must properly codify the TANIP proposal in chronological order.
Example: The first TANIP proposal should be coded as [TANIP1].
Voting Rules
TAN Council: The TAN Council must vote with 6/8 approval within 120 hours (5 days) from snapshot proposal submission, or else the proposal will not pass.
- Approved: The proposal will be automatically submitted to the Compliance Guard for review.
- Rejected: Council members who vote against a proposal must provide a rationale and changes that would be needed to pass a proposal. Council members who fail to vote repeatedly may have their NFT revoked.
Compliance Council: In the 72 hours after the TAN Council has affirmed a proposal, the Compliance Council may vote to veto a TANIP proposal with a 3/4 approval rate, or else the proposal will be affirmed, implemented, and documented.
- Veto: The proposal will be vetoed. Compliance Council members who voted to veto the proposal must provide their rationale and constructive feedback at the time of the vote.
- No Veto(Approved): If the Compliance Council fails to veto a proposal, it will be affirmed, implemented, and documented.
TANIP: Implementation, Documentation, Communication Rules
Implementation Rules
Documentation Rules
Communication Rules
Information, Communication, Governance Channels
TANIP: Process
- Approval Rate: 5/6
- Duration: 120 hours (5 days) If the proposal receives at least 5/6 approval within 5 days of submission, it is affirmed.
- Approval (Veto) Rate: 3/4
- Duration: 72 hours (3 days)
- Off-Chain: The TAN Council either implements the proposal itself or works with the TAO or other third parties to implement the update.
- TEL Transfers: TEL is transferred from the TAN Safe to the intended address as a result of the affirmation of the proposal.
TANIP: Proposal Template
- In order to send TEL to an address, after the voting options screen there is a transaction creation screen. Click Add Transaction Batch, set type to Transfer Funds, set asset to TEL, set the appropriate To address, and finally input the desired amount of TEL.