Lil Nouns DAO

copy of prop 177

tl;dr “Adjusting dynamic quorum parameters would increase DAO health and should increase the percentage of successful proposals that are “hell yes” initiatives.” - sqx in prop 177

Dynamic Quorum Parameters Minimum quorum %: set to 5%, making it easier for uncontroversial proposals to pass. Maximum quorum %: set to 15% to ensure a majority can decide the outcome of contentious proposals. Coefficient: set to 1, causing each against vote to raise the quorum requirement by one vote until the maximum quorum is reached. These parameters can be edited anytime via a proposal; treat these values as the first experiment. (1 lever at a time)

Proposal Transactions for Humans setDynamicQuorumParams will adjust dynamic quorum parameters as follows:

Minimum quorum BPs: 5% (500 basis points). Maximum quorum BPs: 15% (1500 basis points). Coefficient: 1 (1,000,000 in unsigned integer with six decimal places).