#REI DAO #4 Proposal #About Snapshot Voting Weight Adjustment

Background of the proposal

In order to incentivize stakers and on-chain governance, REI Network Foundation proposes to adjust the voting weight for addresses participating in proposal snapshot voting. On the one hand, it can increase the enthusiasm of REI Network community users to stake, and on the other hand, active users are able to obtain more on-chain governance rights to promote the decentralized governance of REI Network.

Specific target

Improve the enthusiasm of REI Network community users' staking, encourage active users to own more on-chain governance rights, and promote the decentralized governance of REI Network.

Necessary decision

1. Agree to give voters different snapshot voting weights according to their staked voting power.
2. Agree on the specific weight coefficient corresponding to the staked voting power.

The specific content of "snapshot voting weight"

Voters are given different snapshot voting weights according to their staked voting power.

The specific coefficients are as follows:

1. Staked Voting Power < 1,000 REI, Weight Coefficient=1.1
2. Staked Voting Power 1,000-10,000 REI, Weight Coefficient=1.5
3. Staked Voting Power 10,000 REI, Weight Coefficient=2