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Arbitrum · closed proposal

[Constitutional] AIP: Constitutional Quorum Threshold Reduction

0xd333…8227·ended 1y ago·Discussion ↗·MEDIUM RISK
Voters
2,917
ARB voted
188.01M
≈$14.73M
Token price
$0.08

AI summary

This proposal aims to reduce the quorum threshold for 'constitutional' proposals within the Arbitrum DAO from 5% to 4.5% of the total votable Arbitrum tokens ($ARB). Constitutional proposals are those that change the DAO's core governance rules. The change is motivated by declining voter participation relative to the growing supply of $ARB tokens, which makes it difficult for important proposals to pass even with broad support. This adjustment is intended to ensure that legitimate initiatives can successfully conclude.

Impact

If this proposal passes, it will be easier for constitutional proposals to meet the minimum participation requirements and pass. This benefits the Arbitrum DAO by allowing critical governance changes to proceed more smoothly, preventing proposals from failing solely due to low voter turnout. No specific group loses, but the change slightly lowers the bar for collective decision-making on fundamental rules.

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Voting results

For161.64M (86.0%)
Against8.65M (4.6%)
Abstain17.72M (9.4%)
188.01M ARB · ≈$14.73M · 2917 votersblock 339367811

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

Abstract

This AIP proposes a reduction of the constitutional quorum threshold by 0.5%, lowering it from 5% to 4.5% of the total Arbitrum votable tokens. The goal is to ensure that well-supported proposals can successfully conclude by aligning quorum requirements with current levels of voter participation, reducing the risk of legitimate initiatives failing due to quorum thresholds not being met.

For non-constitutional proposals, the existing 3% quorum threshold will remain unchanged.

Motivation

Over the past year, the 5% quorum threshold for …

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