> For the complete documentation index, see [llms.txt](https://docs.derivadex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.derivadex.io/governance/derivadex-improvement-proposals-dips.md).
# DerivaDEX Improvement Proposals (DIPs)
## DerivaDEX Improvement Proposals
DerivaDEX Improvement Proposals (DIPs) should be very familiar to contributors or participants in the EIP ecosystem. **However, the DIP process has some key differences because DerivaDEX proposals all utilize on-chain execution.**
For an in-depth discussion of the DIP process, please visit the DIP repository:
* Anyone can participate in the DIP process, either via submitting a PR or providing feedback
* DIPs are for proposals that have reached **draft** stage only! Use the governance forum for early-stage idea coordination and development.
Each DIP will consist of two PRs to the DIP repo:\
**Proposal Spec** — A `DIP-n.md`file detailing the proposal. The proposal spec PR will be merged to `master` if and only if an on-chain governance proposal is actually made.\
**Implementation** — The corresponding implementation. The implementation PR will be merged to`master` if and only if the proposal successfully executes on-chain.\
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Once a proposal has been executed, both PRs will be merged to the DIP repo. If a proposal is in draft, open for voting, queued, failed or cancelled, only the proposal spec PR will be merged.
## Proposal stages
**Idea** — An idea that is pre-draft. This is not tracked within the DIP Repository. There is no proposal spec PR nor implementation PR open. These topics belong in the “Ideas” category on the [forum](http://forum.derivadex.com/).
**Draft** — The first formally tracked stage of a DIP in development. At minimum, a proposal spec PR has been opened to garner feedback on the [forum](http://forum.derivadex.com/). An implementation PR at some point will be opened as well to seek additional input from the community.
**Proposed** — An on-chain governance proposal has been made. The proposal spec PR will be merged to `master`. The implementation PR will remain open.
**Succeeded** — The proposal has succeeded on-chain, but has not yet been queued for execution.
**Failed** — The proposal has failed on-chain.
**Queued** — The successful proposal has been queued for execution.
**Cancelled** — The proposal has been cancelled.
**Expired** — The queued proposal has expired prior to execution.
**Executed** — The proposal has successfully executed on-chain.
