Executive Summary
This proposal aims to implement a faster decision-making process for proposals within the Blast ecosystem. In the interim, while the new process is being implemented, Pacman will take a leadership role in deciding and leading initiatives to ensure rapid progress and responsiveness.
Motivation
The current decision-making process, which takes 7 days or more, can hinder timely actions and adaptations within the rapidly evolving crypto landscape. For Blast to maintain its competitive edge and capitalize on emerging opportunities, a more efficient decision-making process is necessary. This proposal seeks to streamline the governance process, enabling faster implementation of crucial initiatives. In the meantime, Pacman will lead the decision-making process to ensure continuity and agility.
Proposal Details
Current State
Currently, proposals submitted to the Blast governance system undergo a review and voting period of at least 7 days before a decision is made. This extended period can delay important actions and reduce the ecosystem’s responsiveness.
Proposed Change
- Accelerated Decision-Making Process: Implement a faster decision-making process that categorizes proposals based on urgency and impact, allowing for flexible review and voting periods.
- High-Urgency Proposals: 48-hour review and voting period.
- Medium-Urgency Proposals: 72-hour review and voting period.
- Low-Urgency Proposals: 7-day review and voting period.
- Interim Leadership by Pacman: During the implementation of the accelerated decision-making process, Pacman will take a leadership role, making executive decisions to ensure rapid progress and effective governance.
Benefits
- Increased Agility: Faster decision-making will allow Blast to respond more quickly to opportunities and challenges.
- Enhanced Competitiveness: By accelerating the implementation of important initiatives, Blast can maintain its edge in the crypto market.
- Improved Stakeholder Satisfaction: A more responsive governance process will enhance the overall experience for stakeholders, encouraging greater participation and investment.
- Continuity and Leadership: Pacman’s interim leadership will ensure that decisions are made efficiently, maintaining momentum during the transition period.
Implementation
Technical Adjustments
- Governance Platform Update: Modify the governance platform to incorporate the new categories and corresponding timeframes for proposal review and voting.
- Notification System: Implement a notification system to alert stakeholders about high-urgency proposals requiring immediate attention.
Interim Leadership
- Pacman’s Role: Grant Pacman the authority to make executive decisions on proposals during the implementation phase of the accelerated decision-making process.
Timeline
- Week 1: Develop and test the updated governance platform with the new decision-making timeframes.
- Week 2: Roll out the updated platform and begin the accelerated decision-making process. Grant interim leadership to Pacman.
- Week 3 and onwards: Monitor the effectiveness of the new process and make adjustments as needed. Transition decision-making back to the updated governance process.
Prior Proposals
This is the initial submission of this BLIP.
True and Complete
By submitting this BLIP, I represent and warrant to the Progress Council and the Blast Foundation that all the information it contains is true and complete to the best of my knowledge.