Author: Governance Department
This proposal suggests adopting a formula-based dynamic quorum for bDIPs in order to better adapt to the DAO’s evolving membership and reduce the impact of voter apathy. The quorum threshold will be updated each month by the Governance Department according to the formula stated in this proposal.
Quorum was defined in the Constitution at a time when there were many more active contributors. The challenge with a static threshold is that it is unlikely to reflect the number of active contributors in the DAO at any given time; attention to governance matters can vary significantly between bull and the bear market phases.
How can we address this challenge?
We can either update thresholds manually via the bDIP process — a large administrative burden — or we can adopt a formula-based approach which can dynamically update thresholds based on current Forum activity.
This proposal will modify the quorum table in the Constitution as follows:
| Governance update | Forum quorum | Approval % | Timeline | |-------------------|------------------------------------------------|-------------|----------| | Major | 30-day Average + (0.2 x 30-day Average) | 70% | 1 week | | Minor | 30-day Average | 70% | 1 week | | Patch | 30-day Average - (0.2 x 30-day Average) | 70% | 1 week |
The following text shall be added to the Constitution:
Insert a link to the quorum threshold for this proposal.
Makes Forum quorum more dynamic and reflective of the latest activity in the DAO.
Here is an example of the Forum post that the Governance Department will make:
Quorum Threshold for the month of ‘x’:
| Title | Value | |----------------------------------------|-------| | Major | 50 | | Minor | 41 | | Patch | 33 |
Calculation:
| Date posted | Post title | #votes | |-------------|---------------------------------------------------------|--------| | 02-12-2022 | Snapshot voting - Implement Shielded Voting | 53 | | 14-12-2022 | Weekly rollup recap video series | 38 | | 12-12-2022 | Purpose Driven Guild Funding | 29 | | 06-12-2022 | Proposal to re-create the Education Guild Organizational Unit within the DAO | 29 | | 25-11-2022 | Marketing Department Season 6 - Content Coordinator Re-election | 58 |
Governance Department