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  1. dYdX Governance
  2. Proposal Lifecycle

6. Proposal Queuing & Execution

After a DIP has passed, any address can call the queue method to move the proposal into the timelock queue. A DIP can only be queued if it has passed.

Parameter
Description
Short Timelock Executor
Merkle-Pauser Executor
Long Timelock Executor
Starkware Executor

Timelock Delay

After a proposal passes and is queued, delay before the proposal is executed

2 days

0 days

7 days

2-9 days

Execution Grace Period

The time after which a proposal becomes executable, during which it must be executed.

7 days

7 days

7 days

7 days

Minimum Timelock Delay

Minimum delay before a proposal is executed (after queuing)

1 day

0 days

5 days

4 days

Maximum Timelock Delay

Maximum delay before a proposal is executed (after queuing)

7 days

1 day

21 days

21 days

As soon as the voting period ends and a proposal has succeeded, anyone can call queue to begin the timelock delay.

For the Starkware priority timelock executor, it has a priority period of 7 days out of the 9 day timelock delay. This means that after 9 days anyone can execute a proposal, but within days 2-9 (the priority period) Starkware has the option to execute the proposal.

In practical terms it's:

  • Days 0–2: No one can execute

  • Days 2–9: Only Starkware can execute

  • Days 9: Anyone can execute

Previous5. (On-chain) DIP VotingNext7. (Optional) Proposal Cancellation

Last updated 3 years ago