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Increase Voting Delay to 1 Day


ID 286907...7315

ID 286907...7315

Proposed on: May 18th, 2023

Proposed on: May 18th, 2023

Result details
Final Votes

Quorum

9.38B of 16.8B

Majority support

Yes

For

9.38B

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xcd5F...9163

setVotingDelay(..)

Custom

Account

0xcd5F...9163

Method

setVotingDelay(..)

Proposal

I'll be introducing a few proposals to make adjustments to DAO parameters. This first one increases the voting delay. Voting delay is the delay since a proposal is created until voting starts. It's important to have a little time between the submission of a proposal and the start of voting in case DAO members need to delegate votes, unstake, etc.

When the DAO was initially set up, I set some default parameters with the intention of adjusting them so that everyone can see how the DAO parameters themselves can be adjusted to improve on-chain governance.

In this proposal, I'll propose that we increase voting delay to 1 day. That means when a proposal is submitted, voting starts 1 day later. If this proposal passes, the update will be automatically applied to the Governor contract that powers this DAO.

Final Votes

Quorum

9.38B of 16.8B

Majority support

Yes

For

9.38B

Against

0

Abstain

0

Final Votes
Status

Thu May 18, 04:47 pm

Draft created

Thu May 18, 04:45 pm

Published onchain

Fri May 26, 02:04 am

Voting period started

Sat May 27, 02:04 am

Voting period ended

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