# Proposals **URL:** https://forum.nftx.org/c/proposals/5.md [Latest](https://forum.nftx.org/latest.md) · [Categories](https://forum.nftx.org/categories.md) --- ## [Governance process and Proposal format](https://forum.nftx.org/t/governance-process-and-proposal-format/16)
**Author:** [@finesseboi](https://forum.nftx.org/u/finesseboi)\ **Replies:** 1\ **Last updated:** [February 19, 2021, 2:13pm UTC](https://forum.nftx.org/t/governance-process-and-proposal-format/16 "2021-02-19T14:13:28Z")
What is an XIP? XIP stands for NFTX Improvement Proposal, it has been adapted from the SIP (Synthetix Improvement Proposal), YIP (Yearn Improvement Proposal) and IIP (Index Improvement Proposal). The purpose of this proc… --- ## [XIP#59: Unwind Milady v3 Vault](https://forum.nftx.org/t/xip-59-unwind-milady-v3-vault/723)
**Author:** [@Toes](https://forum.nftx.org/u/Toes)\ **Replies:** 2\ **Last updated:** [December 4, 2024, 2:53pm UTC](https://forum.nftx.org/t/xip-59-unwind-milady-v3-vault/723 "2024-12-04T14:53:57Z")
Proposal: Unwind the Milady NFT Vault and Distribute Proceeds to Vault Token Holders Overview I propose to shutdown the NFTX v3 Milady NFT vault and transfer the underlying Milady NFTs to facilitate their liquidation. T… --- ## [XIP#58: Unwind Anata V3 Vault](https://forum.nftx.org/t/xip-58-unwind-anata-v3-vault/722)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 0\ **Last updated:** [November 23, 2024, 8:39am UTC](https://forum.nftx.org/t/xip-58-unwind-anata-v3-vault/722 "2024-11-23T08:39:01Z")
Proposal: Unwind the Anata NFT Vault and Distribute Proceeds to Vault Token Holders Overview We propose to shutdown the Anata NFT vault and transfer the underlying Anata NFTs to facilitate their liquidation. This action … --- ## [XIP#56 Project New Wind](https://forum.nftx.org/t/xip-56-project-new-wind/639)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 83\ **Last updated:** [June 19, 2024, 9:07am UTC](https://forum.nftx.org/t/xip-56-project-new-wind/639 "2024-06-19T09:07:43Z")
Authors ChopChop (NFTX) Caps (FloorDAO) Marco (Merit Circle) Summary This is a proposal for a “merger” between NFTX and FloorDAO, in collaboration with Merit Circle. If approved, the result of the proposal would be … --- ## [XIP#56 - Project New Wind (Finalized & with Amendments)](https://forum.nftx.org/t/xip-56-project-new-wind-finalized-with-amendments/662)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 3\ **Last updated:** [June 13, 2024, 7:48am UTC](https://forum.nftx.org/t/xip-56-project-new-wind-finalized-with-amendments/662 "2024-06-13T07:48:27Z")
Authors ChopChop (NFTX) Caps (FloorDAO) Marco (Merit Circle) Summary This is a proposal for a “merger” between NFTX and FloorDAO, in collaboration with Merit Circle. If approved, the result of the proposal would be … --- ## [XIP #55 Web2 & Subscriptions provided through Simple Things](https://forum.nftx.org/t/xip-55-web2-subscriptions-provided-through-simple-things/637)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 0\ **Last updated:** [May 13, 2024, 1:57pm UTC](https://forum.nftx.org/t/xip-55-web2-subscriptions-provided-through-simple-things/637 "2024-05-13T13:57:18Z")
Authors Core Team Summary This proposal aims to allocate budget to cover the cost of hosting and Web 2 subscription services, as provided by Simple Things Limited, to support NFTX DAO’s operations over the next 12 mont… --- ## [XIP #54 Extend services by JB (Updated)](https://forum.nftx.org/t/xip-54-extend-services-by-jb-updated/635)
**Author:** [@gaus](https://forum.nftx.org/u/gaus)\ **Replies:** 0\ **Last updated:** [May 5, 2024, 10:23pm UTC](https://forum.nftx.org/t/xip-54-extend-services-by-jb-updated/635 "2024-05-05T22:23:50Z")
Authors Core Team Summary This proposal is intended to extend the position of JB, to continue leading UX/UI Design at NFTX, for an additional year. Rationale JB has been active as the UX/UI design lead within the Core … --- ## [XIP#53 Extend services from Simple Things LTD](https://forum.nftx.org/t/xip-53-extend-services-from-simple-things-ltd/633)
**Author:** [@gaus](https://forum.nftx.org/u/gaus)\ **Replies:** 0\ **Last updated:** [April 29, 2024, 1:08am UTC](https://forum.nftx.org/t/xip-53-extend-services-from-simple-things-ltd/633 "2024-04-29T01:08:36Z")
Authors Core Team Summary This proposal clarifies a budget to extend the DevOps & Support services Javery offers, under contract with Simple Things LTD, to support and improve NFTX systems operations, ongoing developmen… --- ## [Shut Down and Liquidate MAYC v2 Vault](https://forum.nftx.org/t/shut-down-and-liquidate-mayc-v2-vault/630)
**Author:** [@49erscoach](https://forum.nftx.org/u/49erscoach)\ **Replies:** 0\ **Last updated:** [April 2, 2024, 9:51am UTC](https://forum.nftx.org/t/shut-down-and-liquidate-mayc-v2-vault/630 "2024-04-02T09:51:35Z")
Author Discord: 49erscoach\_ Twitter @49erscoach Summary This proposal is to shut down the Mutant Ape Yacht Club v2 vault by liquidating the NFTs and allowing vault token holders to claim the proceeds pro-rata. Rati… --- ## [Proposal: Solution to Improve DAO Governance Efficiency](https://forum.nftx.org/t/proposal-solution-to-improve-dao-governance-efficiency/618)
**Author:** [@godwin](https://forum.nftx.org/u/godwin)\ **Replies:** 3\ **Last updated:** [February 19, 2024, 8:15am UTC](https://forum.nftx.org/t/proposal-solution-to-improve-dao-governance-efficiency/618 "2024-02-19T08:15:44Z")
1. Motivation: I believe NFTX DAO is very serious about the its Governance Process and involving community in making key decisions as evidently by the amount of work has go into this document (XIP#1 - Governance process… --- ## [XIP#52 Voting Strategies for NFTX owned Floor](https://forum.nftx.org/t/xip-52-voting-strategies-for-nftx-owned-floor/628)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 4\ **Last updated:** [February 16, 2024, 11:32pm UTC](https://forum.nftx.org/t/xip-52-voting-strategies-for-nftx-owned-floor/628 "2024-02-16T23:32:56Z")
Summary Recommend that NFTX creates a Snapshot vote to decide the collection allocation for proxy voting on Floor War allocations. These will be set for a 12 week period before re-snapshotting and updating the allocatio… --- ## [XIP#51 Renew Chop on NFTX Core Team](https://forum.nftx.org/t/xip-51-renew-chop-on-nftx-core-team/627)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 0\ **Last updated:** [February 5, 2024, 10:49am UTC](https://forum.nftx.org/t/xip-51-renew-chop-on-nftx-core-team/627 "2024-02-05T10:49:12Z")
Summary This proposal is to renew 0xChop’s position on the NFTX core team, leading in operations, strategy, and treasury management for 12 months. This helps free up the rest of the Core team to focus more on product an… --- ## [XIP#50 - Toes BD Lead Extension](https://forum.nftx.org/t/xip-50-toes-bd-lead-extension/625)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 1\ **Last updated:** [February 1, 2024, 1:13am UTC](https://forum.nftx.org/t/xip-50-toes-bd-lead-extension/625 "2024-02-01T01:13:47Z")
Authors Core Team Summary This proposal advocates for the renewal of Toes’ role as Business Development (BD) Lead at NFTX DAO for an additional 12 months. The aim is to bolster and expand the network of collaborators an… --- ## [XIP#49 - Appoint Apoorv to continue leading Protocol development](https://forum.nftx.org/t/xip-49-appoint-apoorv-to-continue-leading-protocol-development/620)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 1\ **Last updated:** [January 19, 2024, 11:37am UTC](https://forum.nftx.org/t/xip-49-appoint-apoorv-to-continue-leading-protocol-development/620 "2024-01-19T11:37:43Z")
Authors Core Team Glossary Solidity DAO DeFi Summary This proposal is intended to extend the position of Apoorv as protocol lead at NFTX for an additional year, remaining responsible for leading protocol vision, rese… --- ## [XIP#48 - Extend DevOps services offered for one year](https://forum.nftx.org/t/xip-48-extend-devops-services-offered-for-one-year/615)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 2\ **Last updated:** [December 5, 2023, 8:16pm UTC](https://forum.nftx.org/t/xip-48-extend-devops-services-offered-for-one-year/615 "2023-12-05T20:16:10Z")
Authors Core Team Summary This proposal is intended to clear budget to extend the DevOps services Bart offers, under contract with UPLY LTD, to support and improve NFTX systems operations, security and ongoing developme… --- ## [XIP#47 - Extend Jackieboi as Product Developer](https://forum.nftx.org/t/xip-47-extend-jackieboi-as-product-developer/612)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 0\ **Last updated:** [November 6, 2023, 2:11pm UTC](https://forum.nftx.org/t/xip-47-extend-jackieboi-as-product-developer/612 "2023-11-06T14:11:09Z")
Authors Core team Glossary DAO Summary This proposal is intended to extend the position of jackieboi, to continue as product developer at NFTX, for an additional year. Rationale Jackieboi has been active as product d… --- ## [XIP#45 - Milady](https://forum.nftx.org/t/xip-45-milady/600)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 2\ **Last updated:** [October 23, 2023, 7:27am UTC](https://forum.nftx.org/t/xip-45-milady/600 "2023-10-23T07:27:35Z")
Authors Core Team Summary This proposal suggests reallocating 25 PUNK tokens, which are currently out of range on Uniswap V3, to be directed towards a PUNK/MILADY concentrated range. This entails configuring the setting… --- ## [XIP#46 Upgrading on-chain DAO](https://forum.nftx.org/t/xip-46-upgrading-on-chain-dao/610)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 0\ **Last updated:** [October 23, 2023, 7:21am UTC](https://forum.nftx.org/t/xip-46-upgrading-on-chain-dao/610 "2023-10-23T07:21:35Z")
Authors Core Team Summary This proposal is looking to make slight adjustments to the on-chain DAO voting support structure in anticipation of the launch of NFTX v3 and to futureproof the NFTX DAO. If passed, the suppo… --- ## [XIP#46 - Sell 1 glpyh, buyback and burn some nftx](https://forum.nftx.org/t/xip-46-sell-1-glpyh-buyback-and-burn-some-nftx/609)
**Author:** [@floorpunk](https://forum.nftx.org/u/floorpunk)\ **Replies:** 2\ **Last updated:** [October 3, 2023, 7:28pm UTC](https://forum.nftx.org/t/xip-46-sell-1-glpyh-buyback-and-burn-some-nftx/609 "2023-10-03T19:28:34Z")
Authors - me Summary - This proposal suggests removing some GLYPH from liquidity and buying back NFTX tokens ahead of V3 launch Rationale ETH+GLYPH position has not had a single swap in 100 days, earning the treasury… --- ## [Draft Proposal: XIP#43 Clear budget for two protocol audits for NFTX V3](https://forum.nftx.org/t/draft-proposal-xip-43-clear-budget-for-two-protocol-audits-for-nftx-v3/594)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 1\ **Last updated:** [September 15, 2023, 3:49pm UTC](https://forum.nftx.org/t/draft-proposal-xip-43-clear-budget-for-two-protocol-audits-for-nftx-v3/594 "2023-09-15T15:49:28Z")
Authors Javery Glossary CodeArena (C4) DAO Defi Spearbit Summary This proposal is intended to clear a code audit budget associated with two scheduled security reviews by Spearbit and Code Arena (C4) of NF… --- ## [Understanding and improving participation in NFTX](https://forum.nftx.org/t/understanding-and-improving-participation-in-nftx/597)
**Author:** [@aman](https://forum.nftx.org/u/aman)\ **Replies:** 1\ **Last updated:** [June 29, 2023, 1:09pm UTC](https://forum.nftx.org/t/understanding-and-improving-participation-in-nftx/597 "2023-06-29T13:09:41Z")
Summary Dealing with voter fatigue and finding the right onboarding incentives are points of struggle for every DAO. The fact that DAOs do not have any information on their non-participating members makes the puzzle har… --- ## [Draft Proposal: XIP#44: Acquire & Stake additional GRT to provide indexing & query services for NFTX](https://forum.nftx.org/t/draft-proposal-xip-44-acquire-stake-additional-grt-to-provide-indexing-query-services-for-nftx/595)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 0\ **Last updated:** [June 15, 2023, 2:18pm UTC](https://forum.nftx.org/t/draft-proposal-xip-44-acquire-stake-additional-grt-to-provide-indexing-query-services-for-nftx/595 "2023-06-15T14:18:30Z")
Authors Javery Glossary DAO Indexing Node Query Summary This proposal is intended to acquire an additional 100K GRT (Graph Tokens) to stake them, increasing our overall participation within the Graph protocol ecosy… --- ## [XIP#42 - Extend Bart for 6 Months](https://forum.nftx.org/t/xip-42-extend-bart-for-6-months/593)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 1\ **Last updated:** [May 26, 2023, 10:04am UTC](https://forum.nftx.org/t/xip-42-extend-bart-for-6-months/593 "2023-05-26T10:04:59Z")
Authors Core Team Summary This proposal is intended to extend Bart his position as a Senior DevOps Engineer for an additional 6 month period, to continue his work optimizing NFTX Infrastructure, improving systems operat… --- ## [Update (reduce) global fees](https://forum.nftx.org/t/update-reduce-global-fees/590)
**Author:** [@quag](https://forum.nftx.org/u/quag)\ **Replies:** 4\ **Last updated:** [April 13, 2023, 4:25pm UTC](https://forum.nftx.org/t/update-reduce-global-fees/590 "2023-04-13T16:25:33Z")
TL;DR - Cut global default fees in half. The current global fees for the protocol are set as: 10% mint (sell) 4% random redeem 6% target redeem (buy) 4% random swap 10% target swap Vault activity has been on a ste… --- ## [Testing Discord Bot captures Proposals Category post](https://forum.nftx.org/t/testing-discord-bot-captures-proposals-category-post/588)
**Author:** [@javery](https://forum.nftx.org/u/javery)\ **Replies:** 0\ **Last updated:** [March 31, 2023, 10:31am UTC](https://forum.nftx.org/t/testing-discord-bot-captures-proposals-category-post/588 "2023-03-31T10:31:02Z")
Test post, this will be deleted once we confirm the posts hit discord. --- ## [XIP#41 - Extend JB as UX/UI Lead](https://forum.nftx.org/t/xip-41-extend-jb-as-ux-ui-lead/587)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 0\ **Last updated:** [March 29, 2023, 3:54pm UTC](https://forum.nftx.org/t/xip-41-extend-jb-as-ux-ui-lead/587 "2023-03-29T15:54:46Z")
Authors Core Team Summary This proposal is intended to extend the position of JB, to continue leading UX/UI Design at NFTX, for an additional year. Rationale Since the start of NFTX, we’ve gone through a broad expansio… --- ## [XIP#40 - Extend Javery as DevOps Lead](https://forum.nftx.org/t/xip-40-extend-javery-as-devops-lead/586)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 0\ **Last updated:** [March 29, 2023, 9:05am UTC](https://forum.nftx.org/t/xip-40-extend-javery-as-devops-lead/586 "2023-03-29T09:05:46Z")
Authors Core Team Summary This proposal is intended to extend the position of Javery, to continue leading DevOps at NFTX, for an additional year. Rationale Since the start of NFTX, we’ve gone through a broad expansion … --- ## [XIP#39 - Extend Quag as Product Development Lead](https://forum.nftx.org/t/xip-39-extend-quag-as-product-development-lead/585)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 2\ **Last updated:** [March 29, 2023, 8:26am UTC](https://forum.nftx.org/t/xip-39-extend-quag-as-product-development-lead/585 "2023-03-29T08:26:05Z")
Authors Core Team Summary This proposal is intended to extend the position of quag, to continue leading product development at NFTX, for an additional year. Rationale Since the start of NFTX, we went through a broad ex… --- ## [XIP#38 - DAO Treasury Rebalancing Pt.2](https://forum.nftx.org/t/xip-38-dao-treasury-rebalancing-pt-2/579)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 0\ **Last updated:** [March 20, 2023, 10:25am UTC](https://forum.nftx.org/t/xip-38-dao-treasury-rebalancing-pt-2/579 "2023-03-20T10:25:14Z")
Authors Core Team Summary This proposal is intended to continue rebalancing the NFTX DAO treasury according to current balance weights and guiding principles set in earlier proposals, to secure a 2 year runway, to guara… --- ## [XIP#37 - Utilise our FloorDAO allocation as NFTX](https://forum.nftx.org/t/xip-37-utilise-our-floordao-allocation-as-nftx/573)
**Author:** [@0xchop](https://forum.nftx.org/u/0xchop)\ **Replies:** 1\ **Last updated:** [February 22, 2023, 10:35pm UTC](https://forum.nftx.org/t/xip-37-utilise-our-floordao-allocation-as-nftx/573 "2023-02-22T22:35:05Z")
Authors Core Team Summary This proposal is intended to execute our current claim on $FLOOR, originating from the 500 ETH loan NFTX has provided to bootstrap FloorDAO’s fair launch. While this claim costs the DAO approx… [Next page](https://forum.nftx.org/c/proposals/5.md?page=1)