PIP Template

Below is a template based on the PIP Structure. Replace all [...] with actual content. Do check with the Structure afterward, as the below does not cover all scenarios!

1. HEADER

• Title: [your title]

• Author: [your name]

2. SUMMARY

This proposal seeks [amount + token] funding for [my idea]...

3. MOTIVATION

[Explain WHY you feel this PIP is needed/has value for the DAO]

4. SPECIFICATION

4.1 Definitions of key terms or concepts

• [Keyword 1]: [Explanation of keyword 1]

• [Keyword 2]: [Explanation of keyword 2]

4.2 Proposed Changes/Actions

[Explain changes here - Keep it functional! Do not make it technical]

5. STAKEHOLDER IMPACT

• [Stakeholder 1]: [positive/negative impact on stakeholder 1]

• [Stakeholder 2]: [positive/negative impact on stakeholder 2]

6. IMPLEMENTATION DETAILS

[List HOW you are going to execute this (in chronological order)— Keep it relevant for your audience]

• [Step name/short description] by [Party responsible]: [Provide a longer (if applicable: a more technical) explanation]

Potential challenges

• [Challenge 1]: [Description + How it will be addressed]

• [Challenge 2]: [Description + How it will be addressed]

7. TIMELINE

[After approval, we expect to start ...]

[We expect to complete the full project by ...]

[Milestone 1 - Name]:

[Explain what will be done/delivered here]

[Expected time of completion]

[Milestone 2 - Name]:

[Explain what will be done/delivered here]

[Expected time of completion]

External Dependencies

• [Dependency 1]: [We are dependent on party X for....]

• [Dependency 1]: [We are dependent on party Y for....]

8. COST & RESOURCE ALLOCATION

One-time Costs

• [Source of Funding]: [A monetary and non-monetary cost] - [Justification for the proposed expenditure]

• [Source of Funding]: [A monetary and non-monetary cost] - [Justification for the proposed expenditure]

Ongoing Costs [think hosting/maintenance]

• [Source of Funding]: [A monetary and non-monetary cost] - [Justification for the proposed expenditure]. [Add who is going to manage this, if applicable]

• [Source of Funding]: [A monetary and non-monetary cost] - [Justification for the proposed expenditure]. [Add who is going to manage this, if applicable]

9. ADDITIONAL DETAILS

• Conflicts of interest: None [hopefully, but list them otherwise]

• Earlier versions: None