faddat
commented
2 months ago Got it
Sdk51 I think. (Gov goes modular)
Anyhow, regardless of implementation path, I like this approach.
Open hyperia-dev opened 2 months ago
faddat
commented
2 months ago Got it
Sdk51 I think. (Gov goes modular)
Anyhow, regardless of implementation path, I like this approach.
The chain will initially start with a 20% voting quorum requirement. This will require at least 20% of 'valid' votes for a proposal to pass. This amount setting should be configurable via governance.
If delegator voter turnout is less than 20%, the remainder will default to the validators' votes. This safety mechanism prevents the chain from becoming locked due to unmet quorum requirements.
In the event that the delegator quorum is fully reached, the validators votes are disregarded. However, it is still beneficial for validators to vote, as it provides insight into their perspectives on the chains direction. This information helps delegators decide which validators to support.
Additionally, validators who participate in voting are more likely to qualify for potential incentive structures.
Scenario 1:
Delegators make up 15% of the vote. The remaining 5% are made up from the total votes made by validators.