X Contract Update: [Brief Explanation]

1. TL;DR

This proposal recommends modifying [insert contract name] to [briefly explain the purpose or motivation behind the change].

The update aims to:

  • [Goal 1] – [Concise explanation of how this goal is achieved or addressed]
  • [Goal 2] – [Explanation]
  • [Goal 3] – [Explanation]

2. Background

Current State

  • Provide a brief summary of the existing contract/module and its function.

Motivation for Change

  • Outline the specific issues or limitations with the current setup.
  • Explain what’s driving the update. e.g., product evolution, technical improvements, community input, sybil resistance, UX enhancements, etc.
  • Include any relevant data, feedback, or observations from the community that support this proposal.

3. Proposed Changes

Updated Modules

  • List the specific modules, contracts, or components that will be modified.

Related Pull Requests

  • Link to the PR(s) that contain the implementation details or relevant code changes.

4. Technical Implementation Plan

  • Provide a timeline or conditions for deployment.
  • Include any coordination needs (e.g., validator upgrade, migration steps, etc.).

Governance Vote Options

  • YES – You support implementing the proposed update.
  • NO – You do not support the proposed change.
  • NO WITH VETO – You believe the proposal is harmful, spam, or violates governance principles.
  • ABSTAIN – You choose not to take a position but want your vote counted toward quorum.