# Process for Financial Proposals and/or Other Proposals

***Public deliberation phase:*** A post with the draft of the proposal is posted in the Secret Energy Foundation Discord for a minimum of 7 days and a maximum of 14 days with the format:

1. Title of Proposal (in the format “Financial Proposal:\[title]”)
2. Description of the Action
3. Description of why the author believes it will help to increase the number of Active Create DAO members.

By default, all Financial Proposals involving a deliverable should use an Escrow (see Additional Definitions). In cases where the use of an Escrow is omitted, a justification must be included in the Description. Greet.me shall be the default Escrow provider for Financial Proposals.

1. And suggested optional: ETH Wallet address of the author(s) and/or other identifiers&#x20;

***Voting:*** the proposal (or a revised version of the proposal incorporating the community’s feedback) is posted for a vote on Secret Energy Foundation Voice.

* For calculating voting power, 1 WOL NFT = 1 Vote.&#x20;

***Approval:*** a proposal is deemed approved and scheduled for execution if the following conditions are reached:

* Quorum: a specified minimum will be determined to vote.
* Support: The vote shall be deemed as “passed” with a simple majority (>50%) of the participating WOL NFT Holders having voted in favor.
* When a proposal includes a code submission, the Tech Committee has up to 14 days to decide and communicate via a post in Secret Energy Foundation Discord whether a proposal will be:&#x20;

a) Accepted and incorporated.&#x20;

b) Submitted to a 3rd party audit to determine its safety (conditional on the Operations Vault having the necessary funds).&#x20;

c) Rejected as malicious, technically infeasible, or economically infeasible (if an audit is required and the Operations Vault lacks the necessary funds to cover the costs of the audit).&#x20;

**Process for Elections in sequential order**&#x20;

*Public deliberation phase:* A post with the draft of the proposal is posted in the Secret Energy Foundation Discord for a minimum of 10 days and a maximum of 30 days with the format:

* Title of Proposal (in the format “Election:\[title]”)
* Description of the Action (including what permissions will be given/removed for which DAO/Sub-DAO)
* In the event of the election being proposed before the stipulated in the agreements of the Sub-DAO, add a description of why an advanced election is needed
* And suggested optional: ETH Wallet address of the author(s) and/or other identifiers.&#x20;

*Sourcing Candidates:* Candidates can be proposed (and/or propose themselves) by replying to the Forum post (only one candidate per post reply) in the following format:

* Identifier: their ETH wallet address (and optional their name, discord handle, twitter handle, and other identifiers)
* Rationale: description of why they are an ideal candidate for the position&#x20;

*Voting:* top 10 candidates with the highest number of upvotes in the Secret Energy Foundation Discord will be put forward to a vote using Snapshot or SuperDAO.

* In the event of the election being proposed before the frequency stipulated in the operating agreement of the Sub-DAO (if any), the vote must also include the option to keep the current permissions even if the current wallets were not amongst the top 10 candidates.&#x20;