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Spiral DAOSpiral DAOby0x79603115Df2Ba00659ADC63192325CF104ca529Cstarny.eth

SGP-1┃Governance Proposal Quorum update

Voting ended almost 3 years agoSucceeded

Summary: The goal of this proposal is to adjust Quorum according to the last votes and governance improvements.

Context: A quorum helps to ensure the legitimacy and validity of the voting process by guaranteeing sufficient participation of the DAO members. Previously, there was no quorum to rely on, that is why I propose to adjust the quorum to at least 200k SPR. In addition in the voting options, I will add a lower amount (100k SPR) that can also be a fair point at this early stage.

After calculating the average and median of the community votes, we obtain: An average of 238k SPR and a median of 227k, based on this I chose that 200k SPR might be the best starting point for the coming months.

Each vote has to reach the minimum quorum, even if it has a majority, for it to be considered an official proposal. It is the responsibility of the proposal author to enlist voting participation from the community to reach a quorum.

Note that these modifications are possible to change again in the future depending on the data of the next votes.

Means:

  • Human resources: If the proposal is approved, this will need to adjust the Quorum Parameters on the Spiral's Snapshot.
  • Treasury resources: There is no treasury cost.

Technical implementation: No technical implementation required

Off-Chain Vote

Adjust Quorum at 200k SPR
75.75K SPR60.6%
Adjust Quorum at 100k SPR
49.22K SPR39.4%
Against
0 SPR0%
Abstain
0 SPR0%
Download mobile app to vote

Discussion

Spiral DAOSGP-1┃Governance Proposal Quorum update

Timeline

May 03, 2023Proposal created
May 03, 2023Proposal vote started
May 04, 2023Proposal vote ended
Nov 05, 2025Proposal updated