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closedEnded 2 years ago Â·  Onchain

Change in Proposal Timelines 1 Day Wait 4 Day Vote

By 0x9e0e...5257B1

Our current proposal approval process takes about 7 days: 2 days of waiting, 3 days of voting, and 2 days in the final queue.

Ethereum has changed, and each block now takes 12 seconds. This means our current waiting period of 13,140 blocks is around 44 hours, and our voting period of 19,710 blocks is about 66 hours.

To align with Ethereum’s speed, I propose we adjust our process. Let’s shorten the waiting period to one day (7,200 blocks) and extend the voting period to four days (28,800 blocks). This way, it still takes 7 days overall, but we gain an extra day for voting, helping us make more thoughtful decisions.

This change will streamline our proposal approval process, keeping it efficient and in sync with Ethereum’s current block times, while giving us more time for voting and better decision-making.

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Connect Wallet to Add Note
0
Votes 25
VoterCast PowerVote & Rationale
0x9e0e...5257B1
112

FOR

0xFC53...C56183
36

ABSTAIN

0xdcf3...897a19
25

FOR

0x0d41...5B7081
14

FOR

0xae47...915Fed
12

ABSTAIN

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Sat May 18 2024, 03:21 amPublished Onchain 0x9e0e...5257B1
  • Sun May 19 2024, 11:27 pmVoting Period Starts
  • Wed May 22 2024, 05:39 pmEnd Voting Period
  • Queue Proposal
  • Execute Proposal
Current Results

1-FOR

204

80.63%

2-ABSTAIN

49

19.37%

3-AGAINST

N/A Tokens

0%
Quorum 253/360
70.3%
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