By default, proposals are drafted with an equal amount of TLOS for each milestone, but while the proposal is still in draft mode milestones can be edited to request specific amounts.
In the example above, we requested 50,000 TLOS across 5 milestones, meaning the default value for each milestone is 10,000 TLOS. These values can be edited to craft the most appropriate milestone breakdown for a given proposal. Here are a few examples:
Each lettered example above outlines a valid milestone breakdown for a proposal. It's up to the proposer to determine what structure would ideal for their project. In general, it's best to craft a proposal that asks for fewer TLOS up front, since those proposals require much less risk and the proposer has an opportunity throughout the early milestones to prove they can deliver results.
Note that there is a platform-wide cap enforced on the total requested TLOS for a single project. Editing milestones will automatically update this total requested amount and will only allow the proposer to request an amount less than or equal to the defined maximum.
This action will charge a fee to the proposer's works.decide account balance. The fee is calculated as 5% of the total requested funding from the proposal, plus a flat 10 TLOS fee to cover the Telos Decide ballot fee.
Note that if the proposal manages to pass a certain acceptance and quorum threshold, the 5% fee will be returned to the proposer's account.
4. Vote On Telos Decide
Once the proposal has been launched, it will be open for voting on the Telos Decide platform. Any registered voter can cast the full weight of their TLOS tokens towards one of the following ballot options:
Indicates approval of the current milestone.
Indicates disapproval of the current milestone.
Indicates neither approval nor disapproval, but votes will still count towards the quorum requirement.
Note that in order to pass, a vote must achieve the pass threshold and the quorum threshold as defined in the Telos Decide config. The pass threshold represents the ratio of yes to no votes required, and the quorum threshold is simply the minimum participation required for the vote to be considered valid.
5. Close First Milestone
After the voting period has ended, it's time to close the milestone and allow Telos Works to render a decision based on the results. To do this, call the closems action: