Proposal

A Proposal in the context of blockchain and decentralized finance (DeFi) is a formal, structured document submitted by a community member or stakeholder to a decentralized autonomous organization (DAO) or protocol governance system, outlining a suggested change, upgrade, or funding request for the underlying network or application. These proposals, which can range from adjusting a stablecoin's collateral ratio to funding new infrastructure development, are typically voted upon by holders of the protocol's governance token, serving as the primary mechanism for decentralized decision-making and protocol evolution.