[RFC] Community Governance Process Changes

Thank you, Devin, for getting the ball rolling here. We think many, ourselves included, thought the governance process was sub-optimal. Switching the temperature check to a 3-day RFC sounds like a good improvement. It might be nice to make that a week instead; however, we don’t see a reason to delay the Snapshot Poll if the proposer believes they can rally the votes.

We do think it is worth considering to increase the Snapshot further than the proposed 5m. As @devenmatthews pointed out, 37 wallets meet the 2.5mm threshold. With that in mind, maybe we should set the quorum to 10m, or more? Ultimately it isn’t super important since the poll is not codified and is only socially enforced.

As for the second point regarding a formalized off-chain governance process. Snapshot voting should not be used for decision-making because a large amount of UNI cannot participate in Snapshot due to custody providers inability to vote off-chain. All governance decisions should be decided on-chain.

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