Purpose
This temp check seeks community feedback on which historical projects that failed solely due to quorum requirements (while receiving overwhelming support) should be eligible for a re-vote under the new Optimistic Quorum system.
Context
The Governance Team Update: Transitioning from Simple Quorum to Optimistic Quorum from March 5th, 2025 introduces a significant change to our voting system. This change helps address a key challenge during market downturns: maintaining sufficient participation to reach quorum while still ensuring the community can reject problematic proposals.
Historically, several projects with strong community support (>90% “Yes” votes) have failed only because they couldn’t reach the required quorum threshold. With our transition to Optimistic Quorum, we have an opportunity to reconsider these projects.
Proposal
We propose the following eligibility criteria for historical re-votes:
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Default proposal: Projects that failed their CVP vote due to quorum within 1 month before the implementation of Optimistic Quorum (Feb 5th or later)
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Alternative consideration: Any project that failed their 2nd CVP vote during 2025, received >90% “Yes” votes, and failed solely due to not meeting quorum requirements
Rationale
- Recent failures (1-month window): These projects were being considered just as the governance model was changing, and their timing shouldn’t disadvantage them
- 2025 failures with strong support: These projects demonstrated overwhelming community support but were victims of decreased participation during market conditions
- 90% threshold: Ensures we’re only reconsidering projects with exceptional community consensus
- Limiting to 2025: Provides a reasonable time boundary while acknowledging that older proposals may need substantial updates to remain relevant
Question for Community Feedback
Which historical projects should be eligible for re-votes under the new Optimistic Quorum system?
- Option A: Only projects that failed CVP votes within 1 month of the Optimistic Quorum implementation
- Option B: All projects from 2025 that failed their 2nd CVP vote, received >90% “Yes” votes, but didn’t reach quorum
Please share your reasoning and any additional perspectives in the comments.
Next Steps
We plan to proceed with Option A (1-month limit) by default, unless there is significant community support for Option B (all of 2025), or another proposed alternative.
No formal governance vote will be required for this change unless there is substantial disagreement within the community about how to proceed.
After determining the scope of eligible projects, we will:
- Notify eligible projects of their re-vote opportunity
- Work with projects to launch their re-vote in the batch system
Please share your thoughts and feedback in the comments below. This temp check will remain open for discussion until Monday, March 31st, 5pm UTC.
Thank you for your continued participation in our governance process.