PIP Requirements

All PIP Drafts should adhere to the rules outlined below

Note: The list below is a living document at this early stage. The Council plans to refine and extend it as they review the various PIP Drafts.

1. Formatting

1. A PIP should include all nine sections outlined inCreating a Proposal, as well as additional phase requirements for each phase if it is a Comprehensive PIP.

2. Dependencies

1. A PIP draft cannot rely on another PIP that has not yet been approved through the legislative process.

Note: You can start the ideation of two PIPs—one of which relies on the other—simultaneously. However, you can not move both to the draft stage at the same time.

3. Referencing Parties

1. All parties mentioned in a PIP must be clearly identified as individuals, groups of individuals, DAOs, or registered organizations.

2. Any parties assigned roles in a PIP must consent to their responsibilities within the proposal.

4. Recurring Payments

PIPs proposing recurring payments from the treasury or ecosystem fund must have a clearly defined term that does not exceed one year in duration. To continue funding beyond one year, a new follow-up PIP must be submitted and approved through the governance process.

5. Proposals requiring funding exceeding the Ecosystem Fund

At this early stage, only PIPs under the Ecosystem Fund will be eligible for funding. Any proposal exceeding this amount must be formatted with the Comprehensive PIP format rules.