[No.1] Establishing Minimum Balance Requirements for Proposal Creation

Proposal summary

This governance proposal seeks to establish a minimum balance requirement for creating governance proposals within the zkLink ecosystem. The intent is to ensure that participants who propose changes have a vested interest in zkLink's well-being and sufficient stake to align their proposals with the broader community's interests. Three options for the minimum balance requirement are presented for consideration: 100,000 ZKL, 250,000 ZKL, and 1,000,000 ZKL.

Motivation

To effectively manage the governance of our ecosystem, it is crucial to find a balance between inclusivity and the integrity of the proposal mechanism. The introduction of a minimum balance requirement serves as a safeguard against spam and ensures that proposers are significantly invested in the ecosystem's success. Establishing a minimum balance requirement is a common practice to achieve these goals.

Higher thresholds involved in the proposal process are expected to enhance the seriousness and quality of submissions. Conversely, a lower threshold fosters broader community participation, enabling a diverse range of voices to contribute to the zkLink’s future development.

Specification

Options for Minimum Balance Requirement

Option A: 100,000 ZKL - This level makes the proposal process accessible to a larger group of stakeholders, promoting a democratic approach while still filtering out low-effort spam.

Option B: 250,000 ZKL - A mid-range option that increases the stakes for proposal submission, likely reducing the number of frivolous proposals and ensuring a more serious commitment from proposers.

Option C: 1,000,000 ZKL - This highest level restricts proposal rights to the most invested community members, significantly enhancing the quality and relevance of proposals but at the risk of reducing participation.