Increase Voting Threshold for Modifying LAND or Estate Smart Contracts

This proposal aims to establish an appropriate threshold for modifying LAND or Estate smart contracts in order to secure them.

As the DAO owns both LAND and Estate smart contracts and governs them, any modifications (excluding security-related ones that require immediate action) must be supported by the community using the DAO governance process and carried out by the Security Advisory Board (SAB) and DAO Committee.

With the increasing DAO activity and voting power participation, the current Governance Proposal Passage Threshold of 6 million Voting Power is becoming relatively small for making such important changes as Land and Estate smart contracts modification.

Currently, the DAO proposal with the highest amount of total Voting Power has 20,950,876.

Establishing an up-to-date threshold for modifying the critical smart contracts will ensure that all changes are approved by a community majority.

This will help prevent any potential illegitimate changes and ensure that the Decentraland ecosystem remains secure and stable.

VOTING OPTIONS:

YES: I support this idea. Let’s hold a community discussion and reach consensus on Voting Threshold for modifying LAND or Estate smart contracts.

NO: I believe that the current Governance Proposal Threshold is sufficient.