Horizon Academy
English V3
English V3
  • Horizon Academy
  • Horizon Protocol
    • Introduction
      • Tokenomics
      • Business Model
      • Synthetic Assets - zAssets
    • Security Audit
    • Community
      • How to Initiate a HIP
      • HIPs
        • HIP-23 Revenue Sharing Model: Intent-based System Phase one
        • HIP-22: Create a zUSD - USDC pool on Pancakeswap V3
        • HIP-21: Stop Incentives to the zBNB - BNB pool on Wombat Exchange
        • HIP-20: Suspend zMATIC Market and Introduce zPOL Ahead of MATIC to POL Migration
        • HIP-19: Temporarily reduce C-Ratio to 350%
        • HIP-18: Add DOGE and SHIBA to Horizon Futures
        • HIP-17: Add DOT, AVAX, and MATIC to Horizon Futures
        • HIP-16: Add XRP, ADA, and LINK to Horizon Futures
        • HIP-15: Add SOL to Horizon Futures
        • HIP-14: Reduce Trading Fees during Horizon Futures Promotional Period
        • HIP-13: Suspend zNVDA market ahead of Stock Split and convert zNVDA to zUSD
        • HIP-12: Updated Utilization of zUSD & zBNB Liquidity
        • HIP-11: Redirect HZN from EARN Pool to PancakeSwap as ‘Bribe’ using Cakepie
        • HIP-10: Use zAssets from Community Fund staking to provide liquidity on Wombat via Yield Aggregator
        • HIP-9: Redirect HZN from EARN Pools to Wombat Exchange as ‘Bribes’
        • HIP-8: Move the zUSD-BUSD and zBNB-BNB Liquidity Pools to Wombat Exchange
        • HIP-7: Utilize the Community Fund for Additional Liquidity
        • HIP-6: Lower Target C-Ratio to 600% from 700%
        • HIP-5: List New zAssets
        • HIP-4: Use Keepers to Close Weekly Fee Periods
        • HIP-3: Suspend zTSLA ahead of Stock Split
        • HIP-2: Lower Target C-Ratio to 700%
        • HIP-1: Create incentivized zBNB/BNB pool
      • Community Grant Program
    • FAQs
  • Stake & Earn
    • Introduction
    • Staking on Horizon Protocol
      • Staking and Rewards
      • Mint, Burn, and Claim
      • Collaterialization and C-Ratio
      • Liquidation
      • Managing Risk
      • C-Ratio Strategies
      • Hedge your Portfolio
    • Interfaces
      • Account - Escrow
      • Account - Authorize
      • Account - History
    • Guides
      • How to Stake by Minting zUSD
      • Adding Liquidity for zUSD and zBNB pools
      • Add Liquidity for HZN-BNB
      • Remove LP Tokens for zUSD-BUSD Pool
      • Setting Up Chainlink Automation
  • Educational Articles
    • Glossary and Definitions
    • What are DeFi Derivatives and how are they used
    • A Brief History of Synthetic Assets and Financial Derivatives
    • DeFi Derivative Projects
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On this page
  • HIP Proposal Standards
  • Stage 1 - Signaling
  • How can I share the Signaling with the community?
  • To progress from a Signaling to a formal governance proposal, it must meet certain criteria, as described below:
  • How can the community practice Signaling?
  • Stage 2 - Turn Signaling Into a Proposal
  • Stage 3 - Releasing & Improving the Proposal
  • Stage 4 - Voting
  1. Horizon Protocol
  2. Community

How to Initiate a HIP

A Guide to Initiating a HIP for Community-Driven Governance

PreviousCommunityNextHIPs

Horizon Protocol's primary aim is to provide the community with a wide array of secure, trustless, and globally accessible tools for trading and investing in synthetic assets that represent the real-world economy. This vision can only become a reality with the unwavering support of our community. Our commitment is to collectively build towards this vision alongside the entire community. Horizon DAO was established with the specific purpose of uniting, motivating, and actively involving the community as a cohesive whole.

This is a guide for initiating a Horizon Improvement Proposal (HIP) to enhance the agility and robustness of Horizon DAO's governance process.

HIP Proposal Standards

Stage 1 - Signaling

Signaling allows you to gauge community sentiment and determine whether your idea has widespread support before submitting a formal proposal.

How can I share the Signaling with the community?

To progress from a Signaling to a formal governance proposal, it must meet certain criteria, as described below:

Signaling is integral to the HIP creation process, enabling members to introduce and explore ideas. The community plays a pivotal role in ensuring these Signals develop into actionable HIPs. This transition requires detailed discussions, valuable feedback, and constructive debates on various aspects of implementation, ultimately shaping a concept into a comprehensive proposal.

During the proposal's developmental stage, it may lack essential details, such as

numerical data, models, or technical specifications. Active participation in idea discussions becomes vital at this juncture, enabling the gathering of diverse perspectives and identifying the additional information necessary for drafting a well-rounded HIP.

To gauge community sentiment on the direction of your HIP, you can consult the CMs and create polls on TG or Discord to gather feedback. After engaging in at least a week of conceptual discussion, you should have a better idea of whether to proceed with drafting a HIP.

How can the community practice Signaling?

Participate in the conversation in a constructive manner, share your support, thoughts, and different opinions around the ideas.

Stage 2 - Turn Signaling Into a Proposal

The next step is to combine your ideas and take the feedback from signaling discussions to draft your proposal.

The proposal should follow the structure outlined below:

Summary:

Provide a concise summary of the main points covered in your proposal.

Specification:

Include any relevant details or specifications to provide additional context for your proposal.

Motivation:

Offer detailed, informative, and specific explanations about the benefits of your proposal to Horizon Protocol and its community.

Potential Risks:

Address any potential risks and downsides. Being transparent about the risks and offering mitigation strategies can build trust with the community.

Considerations:

Additional thoughts should be taken into consideration.

Feedback & Questions:

List the feedback and questions you received from the community.

Stage 3 - Releasing & Improving the Proposal

After making the HIP public, consistently assess its performance and remain receptive to possible changes. Make adjustments or enhancements based on the feedback you received.

Stage 4 - Voting

When there are no further questions or feedback to be incorporated into the HIP, the Horizon Protocol Team will initiate a snapshot vote. This vote is crucial in determining the final decision regarding the proposal.

Draft your idea in a clear and concise message, and share it in either our , or the Governance proposal channel on our. Encourage the community to join the discussion.

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Discord server