Direct Source: https://docs.dydx.community/dydx-governance/voting-and-governance/dip-proposal-lifecycle
The dYdX Governance Process is fueled by governance forums at forums.dydx.community and ratified through dYdX Improvement Proposal (“DIPs”).
Below we outline a preliminary draft explaining how the dYdX governance process will flow, from the inception and definition of the concept to the actual implementation. These processes are subject to change according to feedback from the DYDX community.
The following flow chart is the initial proposed stages to pass a proposal:
Stages of a DIP
The following subpages dive into the details of each proposal stage: