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2Set Proposal Threshold to 50 bps (0.5%)

By
Tx
1

In an effort to broaden and encourage more onchain proposals, we suggest allowing any address with a minimum of 1 VRB to formally propose to the DAO, until the Vrb supply reaches 100.

To accomplish the above goal, the proposalThresholdBPS will be set to 50.

Helpful background:
The supply of VRBs NFTs will eventually settle out to half of the total voting power in circulation. The other half is comprised of Vrb Votes (ERC20), which are sold on a VRGDA. With this in mind, we're setting the proposal threshold to 0.5%, not 1%.

Transactions

  1. 0x613b7ddca4b05355b3541f8c018b374987549e79._setProposalThresholdBPS(50)
0x289...84f
vetchvoted for
100 VOTES2.45% Quorum
Tokenvoted for
2.1k VOTES51.61% Quorum
dsankavoted for
Bravevoted for
84.41 VOTES2.07% Quorum
sudojames.ethvoted for
3.0k VOTES73.45% Quorum
ZAM2voted for
1.0k VOTES24.49% Quorum
cupofvrb.ethvoted for
0x3e7...feavoted for
1,000 VOTES24.48% Quorum
Manzombievoted for
1,000 VOTES24.48% Quorum
Jerkvoted for
3.2k VOTES79.02% Quorum
rocketman21.ethvoted for
2.1k VOTES51.43% Quorum
1y ago
haha got confused what prop I was voting on
1y ago

my actual vote reason is:

"more proposals are good for the DAO, lowering the barrier will help accomplish that"

1y ago
Hopefully, this encourages more proposals and also for the DAO to begin vetting projects/ideas in earnest and find gems among them. This should help in building momentum.
1y ago
Excited to lower the threshold and see some proposals roll in. The treasury and vote distribution has reached a good spot to engage this.
Voting ended

1 years ago

Quorum

4.1k votes