Defeated

ONCHAIN


ID 733118...2099

ID 733118...2099

Proposed on: Nov 21st, 2023

Proposed on: Nov 21st, 2023

Votes

Actions

Type

Address

Details

Custom

0x0644...2c84

transfer(..)

Custom

Account

0x0644...2c84

Method

transfer(..)

Proposal

The proposal threshold in the context of a governance system, particularly within blockchain and DAO (Decentralized Autonomous Organization) structures, refers to the minimum number of tokens or voting power that a user must hold to submit a governance proposal for consideration by the community.

	In other words, it is a safeguard to prevent spam by ensuring that only stakeholders with a significant interest or investment in the DAO can propose changes. Here's what the proposal threshold aims to address:
	
	Quality Control: By requiring a proposer to hold a certain amount of tokens, the community can ensure that only serious and well-considered proposals are put forward.
	Spam Prevention: A higher threshold can prevent the system from being flooded with frivolous or malicious proposals.
	Alignment of Interests: The threshold ensures that those proposing changes have skin in the game and are likely aligned with the long-term success of the organization or project.
	The actual number set for the proposal threshold can vary greatly between different governance systems and is often subject to changes if the community votes to adjust it. It can be a fixed number of governance tokens or a percentage of the total token supply.
	
	In the context of smart contracts, such as the OpenZeppelin governance contracts, the proposalThreshold function would return the current threshold value. This value would be used to check whether an address has enough voting power to submit a proposal when the propose function is called.
Votes
Status