Gitcoin · active proposal

[PROPOSAL] Update Snapshot Quorum from 2.5M to 1.5M GTC

0x00De…5Fc3·ended·Discussion ↗

🐳 Whale activity

Voters

103

GTC voted

2.70M

≈$513.4K

Token price

$0.19

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum

2.70M / 2.50M GTC(108%)

✓ Quorum met

For2.70M (100.0%)

Against26 (0.0%)

Abstain8 (0.0%)

2.70M GTC · ≈$513.4K · 103 votersblock 26152218

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

1 vote > 5% VP

0x00de…5fc3

14d ago · voted For

100.0%

2.69M VP

≈$512.8K

Full proposal

Original markdown · Gitcoin

Update Snapshot Quorum from 2.5M to 1.5M GTC TL;DR This proposal lowers the quorum for Gitcoin DAO Snapshot votes from 2.5M GTC to 1.5M GTC.

Background Gitcoin uses Snapshot for off-chain governance voting. Quorum is the minimum voting power that must take part for a proposal to be valid. The current quorum is 2.5M GTC.

Rationale We are in the process of executing our governor upgrade on the Cactus platform, and our governance quorum should be mirrored on all voting platforms. Proposal here.

Specification Change the quorum in the Gitcoin DAO Snapshot space settings from 2,500,000 GTC to 1,5…

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