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PropyPropyby0xDB8c538AE236B23EAb3d1C6232c9B38BFf1fb180propy-gov.eth

PIP-01: Introducing a Fair and Balanced Voting Strategy for Propy on Snapshot

Voting ended almost 3 years agoSucceeded

Summary

This proposal outlines a new voting strategy for Propy on the Snapshot platform that aims to create a fair and balanced governance system. The strategy takes into account various digital assets within the Propy ecosystem, including PRO tokens, MetaAgent NFTs, Deed NFTs, and CryptoCertifiedAgent (CCA) NFTs. The objective is to empower our community, prevent excessive concentration of power among larger token holders, and ensure that all participants have a voice in Propy's governance. For more details, please see the governance forum

Based on valuable community feedback, we further introduce a minimum threshold of 250 PRO (or PRO equivalent via NFTs) in voting power per account to cast a vote. This measure aims to increase the difficulty of performing a potential Sybil attack while still remaining inclusive for most holders.

Voting Period

Voting commences now, ending Friday, May 12, 2023 at 1:00 PM UTC.

Voting Eligibility

Only holders of PRO can vote.

Off-Chain Vote

Approve PIP-01
30.01K PRO100%
Reject PIP-01
0 PRO0%
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Discussion

PropyPIP-01: Introducing a Fair and Balanced Voting Strategy for Propy on Snapshot

Timeline

May 08, 2023Proposal created
May 08, 2023Proposal vote started
May 12, 2023Proposal vote ended
Oct 26, 2023Proposal updated