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closedEnded 4 years ago ยท Snapshot (Offchain)

SIP-00049: Dynamic Quorum

By 0x5306...523Fe4

The following proposed Dynamic Quorum Thresholds would apply to โ€˜Basicโ€™ Strategy (ie For/Against/Abstain) SharkDAO, โ€œPropose to NounsDAOโ€, and โ€œNounsDAO Voteโ€ Proposals:

  • Proposals where most popular choice has < 5m votes cannot meet quorum.

  • Proposals where most popular choice has between 5-15m votes require a 90% consensus of all votes cast to meet quorum.

  • Proposals where most popular choice has between 15-35m votes require a 66.7% (2/3) consensus of all votes cast to meet quorum.

  • Proposals where most popular choice has >35m votes require a simple majority consensus (>50% of all votes cast) to meet quorum.

If quorum is not met on a โ€œNounsDAO Voteโ€ proposal, SharkDAO will vote โ€˜Abstain.โ€™

Other Voting Strategies

โ€˜Approval,โ€™ โ€˜Ranked Choice,โ€™ โ€˜Weighted Vote,โ€™ and โ€˜Quadโ€™ Voting Strategies may be used as sentiment signaling tools and will not be construed as binding until DAO can establish well-formed programmatic guidelines for determining Quorum & proposal validity.

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Connect Wallet to Add Note
0
Votes 27
VoterCast PowerVote & Rationale
0x5306...523Fe4
15.295M

Abstain

0x021e...F3F4e4
10.946M

For

0xBd7D...86204A
9.169M

For

0xf1Fd...70957D
4.25M

For

0x3B60...50a43F
2.903M

For

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Wed May 25 2022, 05:03 amVoting Period Starts
  • Tue May 31 2022, 02:00 amEnd Voting Period
Current Results

1-For

34.503M

68.99%

2-Abstain

15.295M

30.59%

3-Against

209,928.75

0.42%
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