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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

Votes

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.

Votes
Status