I have a doubt here,
Isn’t quorum the minimum required to vote for passing a proposal?, but not necessarily means you have the majority to pass all proposals.
Lowering the quorum from 4% (40 Million Uni) to 3% (30 Million UNI) only works on favor of the majority members when the other minorities abstain or neglect voting. In this case that means that if 97% of the other UNI holders don’t vote or don’t care about the governance
As of now I think Dharma has 15.5 Million UNI votes, and Gaunlet 13.7 Million UNI. Together they have majority power to pass a proposal at 4% or 3% Quorum regardless;
I guess is more a matter of the remaining (current supply) 156 Million UNI holders actively participating or not.
Am I interpreting how this works correctly?