Should we increase VP Thresholds for Grant Request Proposals?

by 0x0636211443e91468ee3657e1d7faede7059c4843 (Nathan)

This Poll intends to gather community feedback on increasing VP Thresholds for Grant Request Proposals.

With the recent increase in participating VP, it is important that VP Thresholds reflect the continually evolving participation rates within the DAO to ensure decisions are made collectively and with broad community consensus.

Currently, Grant Requests have the following Thresholds:

Lower Tier: (Up to $20,000)

• VP Threshold: 2M VP.

Higher Tier: (From $20,000 to $240,000)

• Variable VP Threshold, using the formula: 1.2M + TOTAL_BUDGET * 40VP/USD .

I propose 2 potential Threshold increases:

Option 1:

Lower Tier - 2.5M VP

Higher Tier - 1.2M + TOTAL_BUDGET * 60VP/USD

Option 2:

Lower Tier - 3M VP

Higher Tier - 1.2M + TOTAL_BUDGET * 80VP/USD

https://docs.google.com/spreadsheets/d/1PJK5aD5UbAcnoXmJ8Sg3xTq9vd6BktlS_d68lgbQxpM/edit#gid=0

• Option 1
• Option 2
• Other (Please comment)
• Do Not Change Thresholds
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp