Snapshot: Constitutional Quorum Threshold Reduction
We’re voting in favor
A similar situation and discussion has been discussed in Scroll recently (as well as others before, of course) around lowering quorum as a response to not reaching established quorum, as well as a similar solution given by the alternative proposal by cupofjoseph. The organizations and the situation are very different, as it looks to mitigate something that has not yet happened, it highlights something that is present in most DAOs. We lean in favor of reducing quorum, not because it’s the best solution but because it’s the simplest one at the time and our responsibility as delegates should also be guaranteeing the viability of governance of the protocol.
Quorum reduction is also not done by much, only 5%, that, as the Foundation pointed out will put us in a similar situation to April. The proposal is quite straightforward and not costly for the DAO. A spike in participation is also unlikely given a lower trend in participation.
We see this as a better and simpler solution than that of redelegating tokens or delegating in other way from the treasury. While it does not solve the issue, it provides a workable solution without the direct COI of voting to redelegate based on subjective criteria, while we can work on how to grow participation, ensuring incentives are put in the right place.