Alps DAO
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Change Proposal Threshold to 9bps

Executed

Proposal 1 · proposed by 0x56b6…44D8 · May 18, 2023

For

24

Against

0

Abstain

0

Quorum24 / 20 votes needed

Alps uses a fixed quorum, snapshotted when the proposal was created.

Proposed transactions

  1. _setProposalThresholdBPS(9)

    on 0x40A1…dC53

Description

I’m proposing that we lower the threshold of Alps needed to submit a proposal.

By setting the threshold to 9bps, it will mean only 1 Alp is needed to submit a proposal up until token #1111, then 2 up until token #2222 and so on, unless changed via a future proposal.

This is the first proposal here in Alps DAO and looking at holders, it seems as it stands, not many people have the ability to submit props with their current Alp holdings.

This will allow any/all holders with at least one token to submit their proposal ideas for the community to vote on.

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