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Update dao-proposals.md #20

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Update dao-proposals.md #20

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2 changes: 1 addition & 1 deletion community/governance/dao-proposals.md
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Expand Up @@ -10,7 +10,7 @@ An example submission is [Polymarket's Liquidity Mining Program](https://discour

**Step 2: Snapshot Vote**

When the proposal appears ready, a Snapshot vote can be created by the proposer with a 5 day close. Should it receive majority support at the end of 5 days, it will then pass to snapshot for an indicative vote prior to being put to an on-chain vote.
When the proposal appears ready, a Discourse poll can be created by the proposer with a 5 day close. Should it receive majority support at the end of 5 days, it will then pass to snapshot for an indicative vote prior to being put to an on-chain vote.

Proposals that require movement of treasury funds require a 4,000 UMA bond to be posted which is returned if the proposal is successful in an on-chain vote of tokenholders.

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