This governance platform is a fork of Compound Finance's Governor Bravo contracts. This comprises of all the smart contracts that make up the DAO, plus several script for submitting, and moving proposals through the steps until execution.
To adapt for veMOBI, we call the balanceOfAt() function rather than getPriorVotes(). The initiation has also been removed because this is the first instance of governance for Mobius whereas Governor Bravo was the second governing platform for Compound. Some slight alteration have been made to the initialization as a result of this being our first governance instance and Governor Bravo being Compound's second.
Mobius governance works by allowing veMOBI token holders to submit and vote on proposals, which can alter smart contracts that are under the control of the Mobius governance contract. The basic building block of this governance platform is proposals. Proposals can be submitted by anyone who has at least the minimum threshold of votes. After a delay period, the proposal can be voted on by all the veMOBI holders. The voting power for a proposal is proportional to the amount of veMOBI at the time the proposal was submitted. veMOBI holders can vote on the proposal at any point during the voting period. After the voting period, if the proposal has more for votes than the quorum and more for votes than against votes, the proposal can be queued in the timelock by anyone. After the timelock period has expired, anyone can tell the timelock to execute the transaction.
Version used in production
Version used amongst team for testing
Version used for myself for testing
yarn to install all dependencies.yarn hardhat compile to compile the contracts and generate the artifacts necessary to interact with the deployed instances..env.example to .env and enter your own seed phrase.hardhat.config.ts, specify which derivation path is used by changing the path property for the accounts variable. For metamask and similar ethereum wallets, leaving the path commented out is sufficent. For Celo based wallets such as Valora and Celo extension wallet, the derivation path must be changed to m/44'/52752'/0'/0. You can also change which account to use by changing the value for deployer.All the deployments are done in the deploy/001_init.ts file.
yarn hardhat deploy --network celo to deploy the governance contracts.Proposals can be submitted directly using the script scripts/submitProposal.ts. Submitters must meet the proposal threshold of votes in order to submit a proposal. Proposals need to be carefully constructed to ensure they do what is intended and don't revert. There are five things that need to be filled out as part of a proposal (description, value, signature, data, target). The file currently contains an example proposal.
yarn hardhat run scripts/submitProposal.ts --network celoOnce a proposal has passed, it must be forwarded through the timelock before it is executed. The two steps are queing the proposal and executing the proposal. You must:
governance.queue() function or the governance.execute(), which specifies the proposal id. This should match what is shown on the interface.yarn hardhat run scripts/queueProposal.ts --network celo to move the proposal into the timelock after the proposal has passed.yarn hardhat run scripts/executeProposal.ts --network celo to execute the proposal from the timelock after it has stayed there for the required amount of time.