# About the Improvement Protocol (PIP) category

**URL:** <https://gov.parallel.best/t/about-the-improvement-protocol-pip-category/152>\
**Category:** Improvement Protocol (PIP)\
**Created:** [April 21, 2022, 8:14pm UTC](https://gov.parallel.best/t/about-the-improvement-protocol-pip-category/152 "2022-04-21T20:14:47Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\
**Post date:** [April 21, 2022, 8:14pm UTC](https://gov.parallel.best/t/about-the-improvement-protocol-pip-category/152/1 "2022-04-21T20:14:47Z")

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**Parallel Improvement Protocol (PIP):** PIPs are about the most important modifications either on the governance framework, or on the protocol directly.

- **This type of proposal should include, in addition to all the points mentioned in the first part:**
  - Context: What’s the modification and why it’s needed.

- **PIPs would concern but wouldn’t be limited to:**
  - New version of the protocol
  - Modification of a smart contract
  - Updates on the initial parameters
  - Modification of the governance framework
  - Add/Remove a signer on the treasury multisig

- **PIPs are the most critical and important types of proposals, as it’s directly about the core product of Parallel or a major change in the functioning of governance.**
- **It’s very important to get as much dao members aware of this kind of proposal for them to vote accordingly, which is why we should consider more conservative parameters, and a longer voting period:**
  - Admin: DAO Multisig
  - Quorum: 0.5% of the total supply (5M vMIMO)
  - Voting duration: 9 days