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Osmosis

#1027

PASSED

Raise Governance Quorum to 30% [EXPEDITED]

Proposal Type: Text (Signaling)

Proposal Contents (*the original text from the proposer)

This proposal raises the quorum required for any governance proposal to pass from 20% to 30%.

Details

Osmosis governance recently passed Proposal 1024, an Expedited proposal, over a weekend with a turnout of approximately 27% of staked OSMO. This prompted a review of the tally parameters, which confirmed that expedited proposals rely on the standard quorum. This proposal raises the quorum to better protect the chain during low-engagement periods without impeding legitimate governance.

Quorum: 20% to 30% Quorum sets the minimum share of staked OSMO that must participate for a vote to be valid, and is therefore the effective floor on the stake required to force a proposal through when turnout is low. Over the last six months, before 1024, turnout on Osmosis proposals has ranged from approximately 37% to 65% of staked OSMO. Raising the quorum to 30% keeps it comfortably below the participation seen on legitimate proposals while raising the minimum stake required to pass a proposal during a low-turnout window. 30% is proposed rather than a higher value to retain headroom below observed turnout as engagement varies, so that legitimate proposals are not put at risk of failing on quorum.

This change applies to all proposals, standard and Expedited. The standard proposal threshold (50%), Expedited threshold (67%), veto threshold (33.4%), voting periods, and deposit requirements are unchanged by this proposal.

This proposal is submitted as an expedited proposal to be in place by next weekend, when participation is naturally lower.

Forum Post: https://forum.osmosis.zone/t/raise-governance-quorum-to-30/4068

Voting Results

Status: Quorum Not Met
(27.00% of the required 30.00%)
Tokens Voted
56,644,632
Yes
54,398,461
96.0%
No
972
0.0%
No With Veto
0
0.0%
Abstain
2,245,198
4.0%

Vox Populi

Community discussions related to the proposal.

There do not appear to be any discussions on this proposal at this time.