What Is the Difference between a ‘Soft’ and ‘Hard’ Treasury Proposal?
A 'soft' proposal is an informal discussion or temperature check, often conducted on forums or social media, to gauge community sentiment before an official vote. A 'hard' proposal is the formal, on-chain vote, which is executed by a smart contract if it meets the required quorum and majority.
Treasury decisions typically begin with a soft proposal and culminate in a hard, binding on-chain vote.