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Decentraland · closed proposal

Reduce the VP threshold required for Governance Proposal

0xBB7B…9d69·ended 1mo ago·MEDIUM RISK
🐳 Whale activity
Voters
11
MANA voted
2.84M
≈$190.8K
Token price
$0.07

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.

Impact

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.

Read full proposal on Snapshot

Voting results

yes1.38M (48.5%)
no1.33M (46.8%)
abstain134.73K (4.7%)
2.84M MANA · ≈$190.8K · 11 votersblock 25254789

Votes over time

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

🐳 Whale votes

6 votes > 5% VP
0x8218…0d59
1mo ago · voted yes
100.0%
726.33K VP
≈$48.7K
0x9dab…b6c1
1mo ago · voted no
21.4%
581.12K VP
≈$39.0K
0x247e…b418
1mo ago · voted yes
40.7%
498.63K VP
≈$33.4K
0xd6ef…6ef6
1mo ago · voted no
25.6%
474.80K VP
≈$31.9K
0xbc02…dc7d
1mo ago · voted no
12.8%
345.82K VP
≈$23.2K
0x7bbe…ef1c
1mo ago · voted yes
10.9%
149.81K VP
≈$10.0K

Full proposal

Original markdown · Decentraland

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…

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