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Proposal Types

canoLiq supports three proposal types, each carried as a google.protobuf.Any payload.

Param Change​

Updates the entire CanoliqParams set. This is a full-set replacement, not a delta.

message ProposalParamChange {
  CanoliqParams params = 1;
}

All ValidateParams invariants are checked:

  • Fee split BPS must total 10,000
  • insurance_bps ≤ 10,000
  • quorum_bps ≤ 10,000
  • pass_threshold_bps ≤ 10,000
  • multisig_threshold ≤ len(multisig_signers) when signers present
  • cplq_unstaking_blocks ≥ voting_period_blocks

Buyback​

Authorizes a single buyback execution:

message ProposalBuyback {
  uint64 cnpy_amount = 1;
  uint64 price_micro_cnpy_per_cplq = 2;
  BuybackMode mode = 3;  // BURN or DISTRIBUTE_STAKERS
}
  • Drains CNPY from canoliq/buyback/pool
  • Computes cplq_acquired = cnpy_amount * 1_000_000 / price_micro_cnpy_per_cplq
  • Debts CPLQ from canoliq/treasury/cplq

Treasury Spend​

Authorizes a transfer from a treasury bucket:

message ProposalTreasurySpend {
  bytes recipient = 1;
  uint64 amount = 2;
  SpendDenomination denomination = 3;  // CNPY or CPLQ
}
  • Below treasury_threshold: Executes directly
  • Above threshold: Requires timelock + multisig approvals

Creating a Proposal​

canoliqctl vote <address> <proposal-id> yes
note

proposal-create is intentionally not yet wired as a standalone CLI command. Its payload is a google.protobuf.Any carrying one of three sub-types, each with a distinct argument surface. Construct proposals via in-process tests or hand-built JSON.