This vote will determine if we ratify the formal proposal, 'Snapshot Quorum Change', as outlined in Discourse:
https://discourse.superumans.xyz/t/sudao-ip-20-quorum-changes/1384
Summary:
--Change snapshot quorum from needing 50% of total voting power to no quorum.
--There still needs to be a simple majority (51%) to pass a proposal through snapshot.
--Remove quorum from the “Formal Proposal and Poll” proposal stage. It will simply need a simple majority (51%) to pass.
--Change the Discourse poll minimum timeline from 5-7 days to 3-7 days which matches the Snapshot phase.
Passing Requirements:
Majority: 51% Quorum: 50% of total voting power
Voting Options:
Yes - Ratify the Proposal Abstain - Formally decline to vote either for or against a proposal No - Do not ratify the proposal