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Global Gold Proposal Process (GGP)

Version 1.6

Adopted by the Global Gold Council

PREAMBLE

This document establishes the official Global Gold Proposal Process (GGPP) for submitting, reviewing, classifying, voting on, and implementing governance proposals within the Global Gold Protocol.

The GGPP is a procedural manual, not a constitutional authority.

The GGPP is governed by Article XII — Governance Procedures of the Global Gold Governance Constitution.

This document may be amended by:

  • A majority vote of the Executive Council,

  • Provided no amendment contradicts the Constitution.

SECTION 1 — PURPOSE OF GGPs

A Global Gold Proposal (GGP) is the mechanism by which the Global Gold Council enacts changes to:

  • Protocol rules

  • Ecosystem Standards

  • New products or system modules

  • Treasury allocations

  • Governance processes

  • Jurisdictional requirements

  • Economic parameters

  • Operational frameworks

  • Technical and compliance rules

GGPs ensure decentralized, structured, and transparent governance.

SECTION 2 — ECOSYSTEM STANDARD DEFINITION

“Ecosystem Standards” describes the unified category governing all standards required across the Global Gold ecosystem, including:

  • Technical

  • Operational

  • Physical and metallurgical

  • Tokenization

  • Vault

  • Compliance / KYC

  • Jurisdictional

  • Metadata

  • Proof-of-Reserves and audit

  • Security

  • Chain deployment

Any modification to Ecosystem Standards is a Major Action.

SECTION 3 — PROPOSAL CATEGORIES

Each GGP must belong to one of the following categories:

CATEGORY 1 — CORE PROPOSALS

1. Core: Ecosystem Standards

Modifications to:

  • Tokenization rules

  • Vault standards

  • Jurisdictional rules

  • Compliance requirements

  • Proof-of-Reserves

  • Metadata rules

  • Technical or security standards

  • Any ecosystem-wide standard

2. Core: Protocol & Parameter Changes

Changes affecting:

  • $USG (or other GG token) issuance/wrapping/burning

  • Redemption mechanics

  • Fee structures

  • Risk parameters

  • Contract settings

  • Protocol-wide behaviors

3. Core: Treasury & Economic Actions

Including:

  • Treasury spending

  • Incentive programs

  • Liquidity programs

  • Grants

  • Fee-routing changes

  • Economic initiatives

Treasury actions over 5% require Executive Council Review.

4. Core: New Systems & Product Modules

Including:

  • DEXs

  • NFT marketplaces

  • Lending systems

  • Staking modules

  • Collateral systems

  • Routers

  • Chain deployments

  • Analytics modules

  • Any new contract system

Always a Major Action (60% / 30% quorum).

If >5% treasury spend → EC Review required.

CATEGORY 2 — PROCESS PROPOSALS

Changes to:

  • Governance procedures

  • Documentation workflows

  • Committee rules

  • Operational processes

  • Reporting systems

  • Discourse/Snapshot configuration

Do not modify protocol logic.

CATEGORY 3 — INFORMATIONAL PROPOSALS

Non-binding proposals providing:

  • Research

  • Analysis

  • Recommendations

  • Strategic insights

  • Ecosystem observations

Do not enact change.

CATEGORY 4 — RESUBMISSIONS

A previously rejected or stalled GGP being resubmitted must include:

  1. Link to prior GGP

  2. Reason for rejection/stalling

  3. Summary of changes

SECTION 4 — PROCEDURAL, SAFETY & COMPLIANCE REQUIREMENTS

All GGPs must satisfy the following requirements to advance to voting.

These requirements are binding on the Executive Council.

1. Procedural Requirements

Each proposal must:

  • Use the official template

  • Include the correct category

  • Publish treasury impact (if any)

  • Provide detailed specifications

  • Disclose risks and mitigations

  • Identify dependencies and conflicts

  • Complete required Discourse discussion

  • Not violate constitutional rules

  • Not violate Ecosystem Standards unless proposing to modify them

Proposals failing procedural requirements must be Returned.

2. Safety Requirements

A proposal must demonstrate:

  • Technical feasibility

  • Operational safety

  • No introduction of attack vectors

  • No system-breaking conflicts

  • Audit suitability (if high impact)

Proposals failing safety reviews may be tagged Return for Reconstruction.

3. Compliance Requirements

A proposal must:

  • Meet legal requirements

  • Satisfy jurisdictional rules

  • Align with compliance/KYC standards

  • Observe vault and tokenization obligations

  • Avoid introducing regulatory vulnerabilities

Non-compliant proposals must be Returned.

SECTION 5 — GGP LIFECYCLE (8 PHASES)

PHASE 0 — COMMUNITY IDEATION (Optional)

Participants:

  • King Collective NFT holders

  • Community members

  • GA members

Purpose:

  • Discuss ideas

  • Seek sponsorship

  • Iterate drafts

Non-binding.

PHASE 1 — GGP IDEA (Sponsored)

A GA member sponsors an idea.

Published on:

Discourse → GGP: Ideas

Requirements:

  • Title

  • Abstract

  • Motivation

  • Draft outline

  • Suggested category

7-day feedback period.

PHASE 2 — GGP DRAFT

Sponsor + author prepare the full GGP using the template.

Published on:

Discourse → GGP: Drafts

Moderator checks:

  • Template completion

  • Technical clarity

  • Treasury disclosure

  • Proper formatting

  • Category accuracy

Inactive for 30 days → Abandoned.

PHASE 3 — SUBCOMMITTEE & DOMAIN REVIEW

Subcommittees provide:

  • Technical notes

  • Risk flags

  • Compliance notes

  • Standards alignment checks

Subcommittee Review Requirement Rule

Subcommittee review is required only if a relevant subcommittee exists whose domain directly applies to the proposal.

If no relevant subcommittee exists, the proposal bypasses Phase 3 and proceeds directly to Executive Council Review (Phase 4).

Subcommittees cannot approve or reject proposals.

Moderator tags:

  • Straight-to-Vote, or

  • Needs Executive Review

PHASE 4 — EXECUTIVE COUNCIL ADMINISTRATIVE REVIEW

Mandatory for:

  • All “Needs Executive Review” proposals

  • Treasury actions >5%

  • New Systems & Product Modules

  • High-risk changes

Executive Council Outcomes

1. Approved for Voting

Proposal meets all procedural, safety, and compliance requirements.

2. Return for Clarification

Issues include:

  • Missing data

  • Incomplete specs

  • Cost ambiguity

  • Compliance gaps

3. Return for Reconstruction

Used for:

  • Safety conflicts

  • Systemic risks

  • Legal concerns

  • Conflicts with mission or standards

  • Violations of constitution

Constitutional Limitation on EC Authority

The Executive Council may not veto or void any proposal that meets procedural, safety, and compliance requirements.

The Executive Council shall evaluate proposals solely against the requirements defined in the GGPP and must advance proposals once requirements are met.

Returned proposals may be resubmitted anytime.

PHASE 5 — SNAPSHOT VOTE (GENERAL ASSEMBLY)

Moderators post eligible GGPs to Snapshot.

Voting rules:

Simple Actions

  • Simple majority

  • 20% quorum

Major Actions

  • 60% supermajority

  • 30% quorum

Constitutional Actions

  • Two-thirds (⅔) supermajority

  • 40% quorum

Voting window: 5–7 days

If tied or zero votes → Stalled.

PHASE 6 — FINALIZATION

Accepted

  • Labeled “Final – Accepted”

  • Moves to implementation

Rejected

  • Labeled “Final – Rejected”

  • Eligible for resubmission

PHASE 7 — IMPLEMENTATION

The Executive Council:

  • Assigns implementers

  • Coordinates audits (if required)

  • Collaborates with subcommittees

  • Oversees technical deployment

  • Updates the Implementation Tracker

SECTION 6 — GGP TEMPLATE

GLOBAL GOLD PROPOSAL (GGP)

GGP Number:

Title:

Author(s):

Sponsor (GA Member):

Category:

Status: Draft / Live / Final / Resubmission

Date Submitted:

1. ABSTRACT

A 2–3 sentence summary.

2. MOTIVATION

Why this proposal is needed.

3. RATIONALE / ALIGNMENT

How this aligns with Global Gold’s mission and Ecosystem Standards.

4. SPECIFICATIONS

Exact technical, operational, or policy changes.

5. IMPLEMENTATION PLAN

Steps, responsibilities, and processes.

6. TIMELINE

Milestones and expected completion dates.

7. COSTS & RESOURCES

Treasury impact and resource needs.

8. RISKS & MITIGATIONS

Identified risks and mitigation methods.

9. DEPENDENCIES & CONFLICTS

Links to other GGPs or conflicting systems.

10. RESUBMISSION NOTES (If Applicable)

Required when reintroducing a rejected or stalled GGP.

SECTION 7 — DISCOURSE STRUCTURE

Required categories:

  1. Community Ideas

  2. GGP: Ideas

  3. GGP: Drafts

  4. GGP: Subcommittee Review

  5. GGP: Voting

  6. GGP: Final

  7. GGP: Implementation Tracker

SECTION 8 — SNAPSHOT STRUCTURE

Snapshot Space: Global Gold Governance

Voters: Seated General Assembly Members

Voting Weight: One seat = One vote

SECTION 9 — EXECUTIVE COUNCIL VOTING PROCEDURES

The Executive Council does not vote via Snapshot.

EC Voting Rules

  1. Votes occur on the governance portal or authenticated multi-signature process.

  2. All votes must be publicly posted in the GGP record.

  3. Decisions require 60% of seated EC members, as mandated by the Constitution.

  4. Executive Council votes are administrative, not governance decisions.

SECTION 10 — PROPOSAL CONFLICT RULES

  1. A proposal conflicting with an active vote must wait.

  2. A conflicting proposal may not be submitted for 3 months after a passed proposal unless declared an emergency by the Executive Council.

SECTION 11 — DISQUALIFICATION RULES

Proposals are ineligible if they contain:

  • Illegal activity

  • Hate speech

  • Pornographic content

  • Personal fundraising

  • Malicious intent

  • Constitutional violations

  • Treasury actions violating Article XIII

  • Attempts to remove the Steward or Strategic Council

SECTION 12 — CONSTITUTIONAL PRIMACY

The Constitution prevails over the GGPP.

SECTION 13 — AMENDMENTS

The Executive Council may amend this document by majority vote, provided amendments do not contradict the Constitution.

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