Voting on this proposal is ongoing and will end on March 12: Link.
This proposal combines two Temperature checks:
DVP Quorum: Updates to ArbitrumDAO’s quorum computation, basing it on delegated voting power.
- It defines quorum as
Quorum = min{max quorum, max{ɑ*DVP, baseline quorum}}where ɑ, baseline quorum, and max quorum are constants.
The following parameters are recommended:
For constitutional proposals:
- {ɑ = 0.5; baseline quorum = 150m ARB; max quorum = 450m ARB}
For non-constitutional proposals:
- {ɑ = 0.4; baseline quorum = 100m ARB; max quorum = 300m ARB}
Updates to the quorum computation model will also be reflected in the ArbitrumDAO Constitution - executing this proposal will update the onchain constitution hash given the adjusted text.
Proposal Cancellation: this upgrade allows proposal authors to cancel their proposal during the pending period before voting commences.
- This proposal will upgrade the Core Governor and Treasury Governor contracts to implement a cancel() function.
- The function may only be invoked by the proposal creator during the pending period - the three day window after a proposal is posted onchain and before voting begins.