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