JUP DAO Quorum Vote

Yes, we should vote on it.

5 Likes

Not the more useful proposal but definitly needed to increase our credibility and show our adaptability as DAO

5 Likes

Thanks for the reply and providing more clarity ! Cheers :smile:

3 Likes

Sounds good :+1:. Lfg​:sunglasses::fire:

4 Likes

Happy and wait to vote For.

4 Likes

Yep! Its a good idea.

4 Likes

This looks fine by me. Reflecting reality on ground is key in what ever decision is taking to move the jupiter ecosystem forward.

4 Likes

Would be interesting to increase the ammount needed to vote aswel…

4 Likes

I can see the need to make this change,however, I believe that using percentage would be best for future votes as we will continue to grow. My vote is a yes.

5 Likes

Well, the breakdown is great

LFG Jupiter

5 Likes

Percentage of staked jup make sense, fixed number is meaningless.

7 Likes

It makes perfect sense…I will definetly be voting for.
Growing the pie all together and being smart about it I love the Jupiter comunity.

3 Likes

This idea of quorum incensement is a right step in a right direction, I also believe that the populations that already staked will come to vote in each vote session to surpass the new required vote number.

5 Likes

I agree, in the future reevaluate these values ​​according to the growth of Dao

5 Likes

@Slorg, have you and the team had a chance to review the feedback as you typically do? There’s strong support for this to be considered, particularly in relation to percentages. Has any thought been given to incorporating that feedback into tomorrow’s vote?

7 Likes

Love the idea.

However, with the amount of staked JUP almost guaranteed to increase each quarter, why don’t we do a percentage of the total instead of defining the 120m value? Would love to hear some arguments for both.

6 Likes

Thank you for standing up for the DAO #J4J. I hope the feedback is taken into consideration given the short notice that was given on this one to the voters. I fully support a decentralized approach based on the community feedback; what’s the point of these discussions otherwise?

8 Likes

You welcome @Crypto_Minion! It makes a lot of sense and if it needs delaying the vote, it’s worth doing so just to consider the feedbacks so that the final proposal is comprehensive enough and this doesn’t get revisited over & over again.

10 Likes

Sounds good. Waiting to go faster than ever. Lfg…

5 Likes

Hi bud, I think that’s a good idea but at the same time using the threshold for now is a nice experiment to check the possible result or outcome of these changes in the DAO.

But I’m curious what % you have in your mind if we want to use % of staked JUP instead of the threshold?

Last quarter there’s around 350m staked JUP and for 4 proposals there’s an average of 260m voted powers or around 75% of the total staked JUP.

4 Likes