The first phase of MIP implementation will be informal due to technical and practical constraints. From a technical standpoint, a verifiable snapshot of Min token holder allocations must be taken at the point of proposal submission. This snapshot, indicating the voting rights accorded to each address, must be transferred off-chain to enable gasless voting that encourages broad participation. From a practical standpoint, there won’t be a broad distribution of Min tokens, i.e voting rights, in the very beginning. It will take some time for users to accumulate MIN tokens based on protocol use. However, due to the high initial mint rate, we don’t anticipate this being a constraint for more than one or two months.