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Volta Club CMPVolta Club CMPby0x778Fb8C5a38E6104565988A8Af6e1228dda2EB520x778F…EB52

[CMP #2] Lower the requirement to post proposals on snapshot.org

Voting ended about 2 years agoSucceeded

Objective:

Allow more holders to create or sponsor governance proposals on snapshot.org.

High Level Details:

In order to post a proposal on snapshot.org, a holder is required to have 1% of the VOLTA circulating supply, currently around 2.7k VOLTA (~$450k at the current price). I propose to lower the threshold to 0.5% of the circulating supply.

Low Level Details:

As it's already happening, the team has to calculate 1% of circulating supply and periodically update the threshold on snapshot.org. Simply use 0.5% for that calculation instead. The requirement must be updated as soon as possible if this vote passes.

Off-Chain Vote

Yes, lower the requirement
10.11K Volta43%
No, keep the current requirement
13.4K Volta57%
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Timeline

Jan 12, 2024Proposal created
Jan 12, 2024Proposal vote started
Jan 19, 2024Proposal vote ended
Jan 20, 2024Proposal updated