Executed

Lower Proposal Threshold to 65,000 COMP


ID 52

ID 52

Compound

Compound

Proposed on: Jul 7th, 2021

Proposed on: Jul 7th, 2021

Votes

Actions

Type

Address

Details

Custom

0xc0Da...6529

_setProposalThreshold(..)

Custom

Account

0xc0Da...6529

Method

_setProposalThreshold(..)

Proposal

Governance Bravo presents the ability to update governance parameters. Here, we alter the amount of COMP needed by a CAP or COMP address to push a governance proposal to a vote.

While this 65k threshold only enables 1 additional EOA to propose, it makes the CAP process considerably easier to navigate for community contributors. Over time, this threshold may be reduced further, but this is a conservative & meaningful step in the right direction.

This proposal stems from discussion started by arr00: https://www.comp.xyz/t/lower-proposal-threshold/1659

Votes
Status