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executedEnded 2 years ago Â·  Onchain

Implement Dynamic Quorum (fix)

By 0x3E76...C24b14

copy of prop 177 with amendment to coefficient in txn action

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).

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0
Votes 11
VoterCast PowerVote & Rationale
0x3E76...C24b14
722

FOR

0xe412...3DF674
481

AGAINST

0x6CF8...6F582e
92

FOR

0xECD0...90AaDb
82

AGAINST

0x9e0e...5257B1
54

FOR

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0
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Proposal Status
  • Fri March 08 2024, 02:51 amPublished Onchain 0x3E76...C24b14
  • Sat March 09 2024, 11:08 pmVoting Period Starts
  • Tue March 12 2024, 05:17 pmEnd Voting Period
  • Tue March 19 2024, 04:59 pmQueue Proposal
  • Fri March 22 2024, 03:55 pmExecute Proposal
Current Results

1-FOR

969

62.08%

2-AGAINST

592

37.92%

3-ABSTAIN

N/A Tokens

0%
Quorum 1,561/718
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