JUP DAO Quorum Vote

Jupiter DAO
101

Absolutely, we posted the final version of the proposal now.

Give it a read!

8 Likes
102

Quorum to 30% of total staked $JUP is the best way. We all are commited with the dao and our jup staked. WeĀ“re gonna continue adding tou our little bag :slight_smile:

6 Likes
103

Thank you @Slorg and @CWG for actively seeking feedback and using it to enhance the project. Your commitment to continuous improvement is making a real difference!

Option 2, 30% Quorum, is spot on for me as itā€™s not too much to hold the DAO back from delivering on its mandate in case turn out is poor and not too low to be influenced by huge bag holders.

5 Likes
104

I like the idea of setting it to 30%. IT makes more sense since we expect a growing DAO. This ensures we have the value set as we continue to generate more staked JUP. Unless we want more voting opportunities then setting a fixed value makes sense. But I prefer the fluid value of 30 percent of staked JUP. Especially if we vote the airdrop. That may add significant staked JUP. We would then need to vote again. IF we set to 30% we wouldnā€™t have to worry about that vote again.

6 Likes
105

120million should be easy enough. We can always create another quorum vote in future

3 Likes
106

as expected from jpeggger

2 Likes
107

Option 2 is the way to go.

3 Likes
108

Doing 30% of active stakes makes the most sense. Putting a set number isnā€™t a good idea because it would require us to revisit and vote every time we wanna change this quorum amount. 30% is smarter, it saves time and it scales automatically based on amount of active stakers which can increase or decrease dramatically over time.

6 Likes
109

IMHO, going with 30% of total staked $JUP is the best option.

4 Likes
110

Donā€™t forget to vote everyone, Iā€™m voting yes.

We need quorum management just like we manage other things.

3 Likes
111

I will personally vote for option 2.

4 Likes
112

Great proposal! Important note here is that no DAO proposal or product proposal has fallen below the 60 million vote threshold since the very beginning. Raising the quorum can strengthen the democratic nature of the DAO and help maintain its integrity as it evolves.

#CET #J4J #LFGrow

5 Likes
113

I love the idea of pegging it so we donā€™t have to keep coming back to this topic. And 30% seems reasonable by the graphic

7 Likes
114

Both options are a win in my opinion. I do enjoy the idea of the quorum being set at 30%.

4 Likes
115

My personal Vote option 2

4 Likes
116

fair enough
to ensure accommodate the Dao growth

3 Likes
117

120m as base Quorum seems very reasonable.
in support of this vote option

3 Likes
118

I agree. revisiting this periodically would be the best path forward.

3 Likes
119

Definitely needs to be increased. Having the quorum as a percentage of total staked $JUP is better than a fixed number of votes however I feel 30% is low which is why for the current proposal I will vote for the increase to 120 million votes.

4 Likes
120

I will be voting for the percentage. 30% of the current staked JUP gives us 120k+ for quorum. As the DAO scales the 30% remains dynamic and we may not need to vote on this again. LFG! J4J

3 Likes