SIP-11 Reduce governance quorum

Voting ended over 5 years agoSucceeded

The vote to decrease the required minimum approval amount to make the governance decisions pass smoothly.

There are a lot of locked, but passive funds which are not used for governance decisions. The current 15% quorum is way too high to make fast and efficient decisions. A lower quorum would improve the governance process.

Off-Chain Vote

Reduce to 1%

0 0%

Reduce to 3%

95.44 95.4%

Reduce to 5%

4.56 4.6%

Keep the same

0 0%

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Timeline

Sep 20, 2020Proposal created

Sep 20, 2020Proposal vote started

Sep 23, 2020Proposal vote ended

Jan 23, 2024Proposal updated