Olympus DAO

Many wallets are posting proposals like ohm to the moon and other bs without any contribution to the ecosystem. Others are asking pointless questions for example “ohm will moon?”. Of course it will, that is why you bought the bloody thing. I personally hold less than 40 ohm but saw a proposal for only wallets with 100 ohm or more to be able to propose updates/solutions. The problem with this is , even though proposal rights get concentrated in the hands of people who are more incentivized for the dao to succeed, we will be limiting our ideas to a very small group. A poorer investor might be very innovative and financial strength shouldn’t dictate his good intentioned ability to contribute. Also a proposal to restrict wallets with only 100 ohm to initiate snapshot proposals is against the spirit of decentralized governance and would greatly diminish retail investor confidence potentially causing a price crash. Instead what I propose is that a wallet’s ability to publish proposals will be striked off if the proposal gets very low engagement. The criteria for low engagement can be decided by the team. Or add a necessary snapshot option for other wallets to vote on striking off a wallet whenever it submits a proposal. And please do not ruin decentralization by making a place where smaller wallets cannot contribute, very harmful to the ethics of a dao.