NounsDAO Prop 294 - Set Proposal Threshold to 30bps
Set Proposal Threshold to 30bps
Description
This proposal increases the proposal threshold from 25 -> 30bps. Success of this proposal means 3 Nouns are required to submit a proposal to the DAO until Noun 1000. This is approximately ~263 days^.
By increasing the proposal threshold, we should expect an overall reduction in the number of proposals submitted. While this may lead to a lower number of submitted proposals, widespread use of delegation will allow the highest quality proposals to be submitted, and sufficiently mitigate these concerns. An additional benefit is a lower risk of voter fatigue.
^ At the time of this proposal it is currently Noun 707. The proposal threshold would be >3 at Noun 1000. There are 293 Nouns until then. At a minting rate of 1.1 a day (accounting the for the Nounder reward), this results in approximately 263 days.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x029A...b6c566 | 2.713M | FOR - SharkDAO vote FOR |
 0xedcC...422f0C | 185,006 | FOR - SharkDAO vote FOR |
 0x4C19...a0A689 | 151,200 | FOR - SharkDAO vote FOR |
 isiah | 65,893 | FOR - SharkDAO vote FOR |
VOTE POWER
Proposal Status
- Fri May 12 2023, 12:20 pmVoting Period Starts
- Sat May 20 2023, 12:20 pmEnd Voting Period
Current Results
1-FOR - SharkDAO vote FOR
3.115M