In January 2021, the Sovryn Bitocracy protocol was activated, giving SOV holders a voice in the direction of the protocol. So far there have been over a dozen Sovryn Improvement Proposals or “SIPs” that have been voted on. Each has followed roughly the same process: the idea is first introduced and discussed in the Sovryn Discord chat or Discourse forum, then a formal draft is shared and discussed, and then a finalized proposal is put to a vote by SOV holders.
However, the Sovryn Bitocracy has so far lacked a formal proposal process that proposal authors and SOV holders can reference as a shared set of expectations for how proposals will be moved from idea to implementation. The Sovryn Improvement Proposal Process comes in.
The Sovryn Improvement Proposal Process is a formalized version of the process that SIPs have been roughly following so far. The process describes in detail each stage proposals go through and what is expected of the different groups of participants, including proposal authors, reviewers, editors, and voters. While the process doesn’t contain any hard requirements, by writing the process down and publishing it for public use I hope to make Sovryn governance more accessible for SOV holders and others who are interested to participate in.
You can now find the SIP Process in the SIPs repo README file here. Questions, comments, and suggestions are welcome and appreciated!