GeneralMagicio / aragon-tao-voting

https://aragon-tao-voting-gm.vercel.app/
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High Support / Low Quorum #127

Open Parampartier opened 2 years ago

Parampartier commented 2 years ago

High Support / Low Quorum

Disclaimer: before setting these parameters, it would be useful to clearly define to which kind of decisions they will be applied. There parameters are intended for decisions regarding general rules that affects the whole DAO

Support required: A 2/3 majority to make sure that the new rules find wide acceptance within the community

Quorum: 0.1, to make sure that important and necessary decisions are not stopped by abstentionism. ANT holders who are interested in participating in DAO governance have plenty of time to participate in the vote. If they do not, they accept the decisions of those who have participated.

Vote Duration: provided that every proposal will remain open for discussion on the forum for at least 2 weeks, 1 week is more than enough for voting.

Delegating voting period: Delegates have a great responsibility, for which they will also be financially rewarded. For this reason, and because their vote can to a large extent influence the final outcome, it is permissible to require them to cast their votes during the first two days when voting is open. Thought provoking: what if they voted last instead and let small shareholders (likely community members) express themselves first??

Quiet ending period: 2 days to two days to make sure that the rollover does not happen either at the last minute or over the weekend when perhaps many people are disconnected

Quiet ending extension: 2 days to look for further consensus

Execution delay: 3 days to provide an opportunity for those who would like to quiterage even if the vote ending falls in the weekend

Proposal and Challenge deposit: set low to provide an opportunity even for those without large financial resources to propose changes related to governance. Regarding fund request proposals, the proposal deposit should be set as a percentage to the amount of funds requested (5-10%), with a relatively low challenge deposit (300-400 ANT)

Tao Voting Timeline From Proposal To Execution

This shows how the timeline stacks up for yes/no time based votes that can change the configuration after launch.

Tao Voting

Parameter Value
Support Required 66%
Minimum Quorum 0.1%
Vote Duration 7
Delegated Voting Period 2 day(s)
Quiet Ending Period 2 day(s)
Quiet Ending Extension 2 day(s)
Execution Delay 3 day(s)

Timeline Data

# of Quiet Ending Extensions No Extensions With 1 Extension With 2 Extensions
Time to Vote on Proposals 7 day(s) 9 day(s) 11 day(s)
Time to Review a Delegates Vote 5 day(s) 7 day(s) 9 day(s)
Time to Execute a Passing Proposal 10 day(s) 12 day(s) 14 day(s)

Disputable Voting

Parameter Value
Proposal Deposit 200 ANT ($318)
Challenge Deposit 400 ANT ($636)
Settlement Period 5 day(s)

FORK THIS PROPOSAL (link)