Reduce the PSTAKE governance proposal voting period

Proposal

This proposal suggests reducing the PSTAKE governance Snapshot voting period from the current 7+1 days to a more streamlined 4+1 days, where “+1 day” represents the voting delay period before the commencement of voting on any proposal. This change aims to enhance decision-making efficiency and agility within the pSTAKE Finance community.

Context

In March 2022, pSTAKE Finance formally introduced its community governance framework with the following voting system:

Once a proposal is posted, there is a 1-Day Voting Delay period before the start of the voting period.

After the delay period, the proposal enters a 7-day Voting Period, during which all PSTAKE holders are invited to vote (For, Against, or Abstain) on the live proposal.

Since the inception of pSTAKE Community Governance, 18 proposals have been successfully voted on without encountering any issues or spam proposals, demonstrating the effectiveness of the governance process.

As pSTAKE continues to grow and evolve rapidly, it is proposed to modify the voting period for governance proposals to 4 days with a preceding 1-day Voting Delay period.

A shorter period of 4 days should be sufficient for decision-making, allowing the pSTAKE Finance community to implement changes more swiftly and enabling the community to move forward efficiently. This adjustment is aimed at fostering a more dynamic and agile governance environment.

Vote

• Vote 'FOR' if you support the reduction of the PSTAKE proposal voting period to 4+1 days
• Vote 'AGAINST' if you are against the reduction of the PSTAKE proposal voting period to 4+1 days
• Vote 'ABSTAIN' if you do not want to participate in this proposal.