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executedEnded 3 years ago ยท  Onchain

PRPL 3 Update Voting Delay and Period

By 0xbA34...d68a04

Proposal

Update the Voting Period from 19,710 seconds (5.4 hours) to 345,600 seconds (4 days) and update the Voting Delay from 13,140 (3.65 hours) to 86,400 (1 day).

Description

During initial contract setup the Voting Period and Voting Delay were set to 5.4 hours and 3.65 hours respectively. To provide Purple holders more time to review Proposals and vote, we propose to increase these values to 4 days and 1 day.

Pros:

  • Reduces the chances of an overnight griefing attack

  • Improves likelihood that a given Proposal will reach Quorum
  • Friendlier for voters who may not be able to vote from mobile

Cons:

  • Governance process takes longer to reach execution


Continue Reading
Connect Wallet to Add Note
0
Votes 5
VoterCast PowerVote & Rationale
0xbA34...d68a04
1

FOR

0x925a...788b25
1

FOR

0x56ad...C65288
1

FOR

0x3B60...50a43F
1

FOR

0x8700...127FeB
0.00

FOR

VOTE POWER
0
Connect Wallet
Proposal Status
  • Published Onchain 0xbA34...d68a04
  • Fri November 11 2022, 08:44 pmVoting Period Starts
  • Sat November 12 2022, 02:13 amEnd Voting Period
  • Sat November 12 2022, 02:23 amQueue Proposal
  • Mon November 14 2022, 02:50 pmExecute Proposal
Current Results

1-FOR

4

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
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