AssangeDAOby
silkenoa.eth
AIP9 - what should the quorum be for a proposal to pass?
Summary
This proposal addresses the quorum requirement of the new governance system of the AssangeDAO.
The current voting system implements a simple choice voting system pursuant to which a minimum of 3,470,307,901 $JUSTICE tokens equivalent to 20% of the $JUSTICE token supply are necessary to vote in order for a proposal to pass. Once this threshold has been met, whichever decision has more votes wins. If a proposal does not reach the quorum threshold, a proposal fails. An alternative system could also specify that a certain quorum of votes is necessary to vote in favor of the winning choice, or otherwise a proposal fails.
For the new governance structure, what should the quorum requirement be for a proposal to pass?
Details
What should the quorum for a governance proposal be to pass?
- 25% of token supply voting overall (i.e. 4,337,884,877 $JUSTICE)
- 25% of token supply voting in favor of the successful choice (i.e. 4,337,884,877 $JUSTICE)
- 20% of token supply voting overall (i.e. 3,470,307,901 $JUSTICE)
- 20% of token supply voting in favor of the successful choice (i.e. 3,470,307,901 $JUSTICE)
- 15% of token supply voting overall (i.e. 2,602,730,926 $JUSTICE)
- 15% of token supply voting in favor of the successful choice (i.e. 2,602,730,926 $JUSTICE)
- 10% of token supply voting overall (i.e. 1,735,153,951 $JUSTICE)
- 10% of token supply voting in favor of the successful choice (i.e. 1,735,153,951 $JUSTICE)
- 5% of token supply voting overall (i.e. 867,576,975 $JUSTICE)
- 5% of token supply voting in favor of the successful choice (i.e. 867,576,975 $JUSTICE)
- 1% of token supply voting overall (i.e. 173,515,395 $JUSTICE)
- 1% of token supply voting in favor of the successful choice (i.e. 173,515,395 $JUSTICE)
- None of the above / discuss further
Motivation
The current quorum was set up by the core team members to get the DAO started. The DAO however should make its own decisions. This is one of several snapshot proposals to decide the new governance structure of AssangeDAO.
Off-Chain Vote
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- Author
silkenoa.eth
- IPFS#QmR9GiHD
- Voting Systemsingle-choice
- Start DateMar 19, 2022
- End DateMar 22, 2022
- Total Votes Cast4.11B
- Total Voters271
Timeline
- Mar 17, 2022Proposal created
- Mar 19, 2022Proposal vote started
- Mar 22, 2022Proposal vote ended
- Mar 21, 2025Proposal updated