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Original file line number Diff line number Diff line change
Expand Up @@ -3,7 +3,59 @@ id: add-remove
title: Adding & Removing Gauges
---

<!-- ### [#52][Hermes Gauges Governance] Name
<!-- [#52](https://github.com/Maia-DAO/ecosystem-docs/issues/52)[Hermes Gauges Governance] Adding & Removing Gauges
Severity
Short description
Any relevant links or resources -->

# I. Overview

This section will outline how to `Adding & Removing Gauges` through Hermes Governance. As outlined in the [Governance Overview][governance-overview], this particular action falls under [Severity Level 2][level2] which involves the following parameters:
| Level | Threshold <br/> Min - Max | Voting Period | Voting Delay | Quorum | Max Operations | Actions |
|-------|------------------------|---------------|--------------|------------|----------------|---------|
| 2 | 0.25 - 2.5% | 2 days to 2 weeks | 2 days to 1 week | 12.5% | 10 Actions | • Add/Remove Gauges <br/> • Add/Remove Partners from Incentives Program |

___

In the governance structure, a proposal needs between 0.25% to 2.5% of all votes to be considered, voting on it can last from 2 days to 2 weeks after a review period of 2 days to 1 week, it requires at least 12.5% of all votes to be valid, and can include up to 10 specific actions or changes.


The definitions of what each of these parameters means can be found [here][definitions].


# II. Roles & Responsibility

Governance within the Hermes Protocol is exclusively managed by community members holding the following tokens:
- `Burnt Hermes Governance Token` aka bHERMES-G
- `vote-locked Maia` aka vMaia

For more information on **how to obtain** these tokens, and the exact **mechanisms** in which gives these tokens voting power, please see the documentations for [bHERMES-G][bhermesg-docs] and [vMaia][maia-docs].

# III. Process
The governance involves three key phases:

Request for Comment
Temperature Check


- Phase 1: [Request for Comment][phase-1], where the community is informed about a proposal, sparking initial discussions and feedback.

- Phase 2: [Temperature Check][phase-2], which involves a preliminary off-chain vote to gauge community sentiment.

- Phase 3: [Governance Proposal][phase-3], the final on-chain vote that officially decides the matter.

Typically, this whole procedure, for a `Severity Level 2` such as `Adding or Removing a Gauge`, can take between 1 to 2 weeks to complete, although more complex proposals might require a longer timeframe. Each phase is designed to clarify objectives, gather community input, and ensure a structured decision-making process.

More detailed information about each phase please see [here][governance-process].



[governance-overview]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md
[level2]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md#L17-L18
[definitions]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md#L23-L24
[bhermesg-docs]: ../../../../../../versioned_docs/version-Hermes/overview/tokenomics/01-bhermes.md#L22-L23
[maia-docs]: ../../../../../../versioned_docs/version-Maia/overview/tokenomics/01-vMaia.md
[phase-1]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/01-phase-1-request-for-comment.md
[phase-2]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/02-phase-2-temperature-check.md
[phase-3]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/03-phase-3-governance-proposal.md
[governance-process]: ../../../../../../versioned_docs/version-Hermes/governance/process/01-governance-process.md
Original file line number Diff line number Diff line change
Expand Up @@ -3,7 +3,58 @@ id: factories
title: Adding & Removing Factories
---

<!-- ### [#52][Hermes Gauges Governance] Name
<!-- [#52](https://github.com/Maia-DAO/ecosystem-docs/issues/52)[Hermes Factories Governance] Adding & Removing Factories
Severity
Short description
Any relevant links or resources -->
Any relevant links or resources -->

# I. Overview

This section will outline how to `Adding & Removing Factories` through Hermes Governance. As outlined in the [Governance Overview][governance-overview], this particular action falls under [Severity Level 3][level3] which involves the following parameters:
| Level | Threshold <br/> Min - Max | Voting Period | Voting Delay | Quorum | Max Operations | Actions |
|-------|------------------------|---------------|--------------|------------|----------------|---------|
| 3 | 0.5 - 5% | 1 week to 3 weeks | 4 days to 1 week | 25% | 10 Actions | • Add/Remove Gauge System <br/> • Add Ulysses Port to new chain |
___

In this governance structure, a proposal needs between 0.5% to 5% of all votes to be considered, voting on it can last from 1 week to 3 weeks after a review period of 4 days to 1 week, it requires at least 25% of all votes to be valid, and can include up to 10 specific actions or changes.


The definitions of what each of these parameters means can be found [here][definitions].


# II. Roles & Responsibility

Governance within the Hermes Protocol is exclusively managed by community members holding the following tokens:
- `Burnt Hermes Governance Token` aka bHERMES-G
- `vote-locked Maia` aka vMaia

For more information on **how to obtain** these tokens, and the exact **mechanisms** in which gives these tokens voting power, please see the documentations for [bHERMES-G][bhermesg-docs] and [vMaia][maia-docs].

# III. Process
The governance involves three key phases:

Request for Comment
Temperature Check


- Phase 1: [Request for Comment][phase-1], where the community is informed about a proposal, sparking initial discussions and feedback.

- Phase 2: [Temperature Check][phase-2], which involves a preliminary off-chain vote to gauge community sentiment.

- Phase 3: [Governance Proposal][phase-3], the final on-chain vote that officially decides the matter.

Typically, this whole procedure, for a `Severity Level 3` such as `Adding or Removing a Factory`, can take between 2 to 4 weeks to complete, although more complex proposals might require a longer timeframe. Each phase is designed to clarify objectives, gather community input, and ensure a structured decision-making process.

More detailed information about each phase please see [here][governance-process].



[governance-overview]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md
[level3]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md#L17-L18
[definitions]: ../../../../../../versioned_docs/version-Hermes/governance/01-overview.md#L23-L24
[bhermesg-docs]: ../../../../../../versioned_docs/version-Hermes/overview/tokenomics/01-bhermes.md#L22-L23
[maia-docs]: ../../../../../../versioned_docs/version-Maia/overview/tokenomics/01-vMaia.md
[phase-1]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/01-phase-1-request-for-comment.md
[phase-2]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/02-phase-2-temperature-check.md
[phase-3]: ../../../../../../versioned_docs/version-Hermes/governance/process/phases/03-phase-3-governance-proposal.md
[governance-process]: ../../../../../../versioned_docs/version-Hermes/governance/process/01-governance-process.md