ARC: Governance process for RWA Market

Hi Mike, I would personally prefer a solution where the governance is given directly to the on-chain Aave governance since part of the process there is already snapshot voting that establishes the sentiment and on top of that its more of a reaching the quorum question with on-chain voting (which is reached in most cases - and in Aave governance you don’t need to lock the tokens). This is how currently the Institutional Aave ARC market is working.

If the community still wants to keep the process Snapshots only, then this process could be quite applicable as well: https://governance.aave.com/t/arc-governance-framework-for-alternative-chain-proposals

The RWA market has been quite exciting to follow and definitely an amazing milestone in the DeFi ecosystem :raised_hands:

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