Reduce the VP threshold required for Governance Proposal
AI summary
This proposal for Decentraland aims to lower the 'VP threshold' for passing governance proposals from 6 million VP to 5 million VP. VP, or Voting Power, represents a user's influence in DAO decisions, typically based on their holdings of MANA tokens and LAND. The change is motivated by a recent decline in community participation in the DAO's governance process, which has made it harder for proposals to reach the required voting power to pass.
If this proposal passes, it will become easier for new governance proposals to be approved, potentially increasing the number of successful initiatives and making the DAO more responsive to community input. It benefits community members who want to see more proposals pass, but could also mean that proposals pass with less overall community engagement.
Voting results
🐳 Whale votes
1 vote > 5% VPFull proposal
by 0x8218a2445679e38f358e42f88fe2125c98440d59 (Noob)
Linked Pre-Proposal
Should the VP threshold for governance proposal be reduced?
Summary
To reduce the VP threshold from the current 6m VP to 5m VP.
Abstract
DAO participation is currently low. Previous few governance proposals passed with the help of Esteban's VP. Lowering the VP threshold needed to pass a governance proposal by 20% (from 6m-5m VP) will reflect the lower participation.
Motivation
DAO participation has been trending…