Minimum quorum: More than 20% of yGov (staked yCRV/YFI 98/2 BPT tokens) must vote for a proposal to be able to Pass or Fail.
Agreement Threshold: More than 50% in favor of For or Against for the decision to Pass or Fail.
Starting SoonTM, all proposals will have IPFS text + execution scripts attached to view the description. Extended UI to follow. A veto factor is also being considered for V2.
What changes would you like to see to this? (If any)
As far as I understand it, all COMP governance proposal are required to be submitted in solidity code form that goes into production automatically if it’s passed and meets the quorum
I think it makes sense for anyone to be able to participate in governance regardless of whether they should have developer/engineering capabilities. We should have a quorum instead as well.
There seems to be a problem with quorum in the current implementation. It can be inflated as high as 200% by voting for and against simultaneously. This is something I’d love to see fixed in the future version of the governance contract. Maybe this can be bundled with YFI-only governance if it passes.
Can we make it easier to find specific proposal descriptions? There are a lot more proposals than descriptions, and I am having trouble sorting out what is legit. I apologise in advance if this has already been answered, and appreciate if someone can point me to it!