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- Voting Quorum Proposal is live!
Voting Quorum Proposal is live!
This proposal allows for a reduction of quorum from a current 50% to a quorum potentially as low as 10%.
gm! The RugDAO has posted a new proposal that amends our current voting framework and we need YOUR vote.
The goal of this amendment is to provide an equitable voting process in order to build a workable quorum for advancement within the RugRadio ecosystem. Key changes include:
Increasing comment and voting duration timeframes from 72 hours to 5-7 days
Recommending a range of quorums based on the type of proposals and price points
Implementing a dynamic quorum that takes into account votes against a proposal
Reducing veto timeframes from 7 days to 1-2 days
Including a wider range of proposals such as projects and tools
Setting up Snapshot sub-spaces with specific voting parameters
If you would like to read through the entire proposal, it can be found here. If you have any questions, let us know in the Discord.
Voting closes at 8:30pm EST on December 27 (1:30am UTC on December 28).
FAQ
How do I vote?
Click "Let's Vote!" > Connect your wallet in the top right corner > Read through the proposal > Submit your vote > Sign the message presented by your wallet and you're all set!
I have $RDAO, but can't vote?
Snapshot works by taking a snapshot of $RDAO holders at a particular time.
In order to be eligible to vote for this proposal, you must have been holding $RDAO in your wallet before 8:21pm EST on December 20 (1:27am UTC on December 21).
How do I claim $RDAO tokens?
You can claim and exchange $RUG for $RDAO on the Syndicate claim site.