Submit a Governance Proposal

Submit a community pool spend proposal

As a member of the PRYSM community, you possess the opportunity to propose initiatives for consideration by the network. Among these proposals is the community pool spend proposal, which entails requesting funds from the community pool for a designated purpose.

To submit a community pool spend proposal, you must furnish a JSON file containing the proposal specifics along with an initial deposit. Following submission, there is a 24-hour deposit window wherein a minimum threshold of 1,000 PRYSM must be accumulated from either the proposer's wallet or any other community member's wallet. This accumulation is necessary to initiate the on-chain deposit of the proposal and commence the subsequent 72-hour voting period. The PRYSM tokens deposited must remain liquid (unstaked) and will be refunded to the respective wallet upon meeting the threshold. In the event the threshold remains unmet after the deposit period, the deposited tokens will be permanently eliminated.