# Discord - Formal Governance

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Only pwIPOR token holders can vote on formal governance proposals.
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![Governance process flow charts](/files/ba76d0ff5b627da3c6f901cca3f14e83041cdf1a)

Major decisions regarding the workings of the app, business development, marketing collaborations, strategy, and protocol have to pass a formal vote.

Initial proposal ideas should be discussed less formally in the Discord channel #the-senate and the [open governance Discord forum](/dao-governance/dao-governance/discord-open-governance-forum.md). After formalization with the corresponding proposal structure (template below), the proposal moves to the formal governance forum in Discord where the discussion is finalized.

Any governance proposal posted in the formal governance forum should follow this template:

* Summary: Provide a brief overview of the proposal and its potential impact. For extensive proposals, please add an abstract.
* Problem/issue: Describe the problem or perceived issue that needs to be addressed.
* Solution: Present the proposed solution and how it helps achieve the desired goal.
* KPIs: What are the Key Performance Indicators to track successful completion? Any milestones?
* Timeline & reporting: Deadline and timeline for the milestones and completion, as well as how it will be reported.
* Discussion:
  * Pros and Cons: Highlight the advantages and disadvantages of the proposal.
  * Open Questions: Identify open questions and areas for feedback.
* Resources: Identify skills required and necessary budget.
* How you can help: Indicate if and how you can help implement this proposal.
* Further information: Provide relevant links, resources, and additional information for participant education.

You can find and copy/paste the template directly in Discord under Post Guidelines:

![Post guidelines template](/files/cd51b29e357ecaee1fcb97fcfa8c47a16c4a66be)


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