Dynamic Quorum for Enhanced Governance

Dynamic Quorum for Enhanced Governance

We already discussed this long ago, but it was postponed due to lack of implementation of required upgrade so far.

Dynamic Quorum Parameter

As articulated in this detailed post, three parameters need to be set for a dynamic quorum.

Current Settings

Currently, all parameters match the previous 10% base quorum and do not activate dynamic quorum.

Minimum quorum %: 10%
Maximum quorum %: 10%
Coefficient: 0

Proposed Settings

Reducing the minimum quorum should increase the percentage of successful “hell yes” proposals.

Set the coefficient to 1, such that each against vote raises the quorum requirement by one vote until the maximum quorum is reached

Minimum quorum %: 5%
Maximum quorum %: 10%
Coefficient: 1