This page reproduces proposal text and published results preserved from Snapshot. It reflects the archive capture below.
Archive capture completed:
Published voting information
State at capture
closed
Voting type
basic
Created
2022-08-30 06:26:07 UTC
Voting opened
2022-08-30 06:26:02 UTC
Voting closed
2022-09-06 06:26:02 UTC
Snapshot block
15438789
Participation score
4846.770539657527
Published quorum
4083
Quorum type
default
Recorded ballots
137
Published choice scores
Choice
Score
For
3193.8222083819214
Against
1382.3096673582472
Abstain
270.6386639173576
Preserved proposal text
Original text, including Markdown notation. Linked content is not reproduced here.
This proposal does two things:
- Formally introduces components that are already part of our snapshot and voting process (eg, quadratic scaling for power)
- Provides a structure for how votes MUST flow and how they are RECOMMENDED to flow
The rough outline is:
- Proposals must have a post on the forums and demonstrate sufficient community interest (a poll is recommended)
- Rocket Pool Core team (initially) starts a Snapshot vote that lasts at least 1 week, with 2 preferred
- Votes require at least a 15% quorum, with a mechanism for quorum reduction if it’s consistently not met so the process doesn’t get stuck
- Vote power is srqt(effective_RPL_stake) [this is currently implemented with a factor of 0.5; this is considered an inconsequential bug]
- Voting should use basic voting (For/Against/Abstain), and whichever of For/Against has the most power wins
- Voting MAY use other voting types, but doing so has to be in an accepted RPIP. I.e. to do this, a basic vote is required to confirm that “for this particular type of decision, we’ll use an alternative voting method.”
- RPIP-4 also notes that there is a built-in veto because Snapshot is a signaling mechanism and someone needs to execute on the signal. There is text covering how that veto power should and should not be used.