Camelot is aligned with the Foundation’s and DAO’s will to solve the quorum problem. The fix is in principle right: quorum should follow delegated voting power, not float with voteable supply.
A 40% / 50% DVP rule seems reasonable on paper. But we don’t agree to what the current formula would bring to us. With 320M delegated, 50% would put the constitutional bar around 160M, which feels like too low for the security standards we have compared to the 210M we have which seems more reasonable.
There’s a simpler way to reconcile these 2 values: yes, adopt the DVP rule, but pair it with a delegation ramp so we land near today’s hardness and not below it. Concretely: we think the DAO, AF and OCL should push for further delegation up to the point the DVP is around 400-420M. This can happen either through a delegation to top 10-20 delegates, or through other metrics such as ones that favour AAEs or excellent delegates in the ecosystem such as protocols and employees, which have stronger alignment with the chain. We know that there have been effort in the past to do so, and this created several millions more in delegations, but we think we should do more in this sense, either from the treasury of the DAO or from wallet from other entities.