Uniswap’s governance system currently has a high threshold of 10M votes for proposal submission. As mentioned in Dharma’s earlier proposal, there have been discussions on lowering these thresholds to make governance more accessible.
Since that original proposal, nearly twice as many UNI votes have been delegated, so I don’t believe the current quorum threshold of 40M votes is problematic in any way.
However, the UNI token price increase over the past 6 months has made the proposal submission threshold extremely difficult to achieve. I propose that this proposal threshold be lowered. Personally, I’d consider something like 2.5M votes a conservative step in the right direction. But since this is just a temperature check, I’d like to first figure out if there’s support for the idea of lowering the threshold at all.
I’ve created a Snapshot vote to gauge the community’s interest in this idea, which will go live on May 28th at 12pm and be open for 3 days: Snapshot Vote