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RE: Introducing The INDEX Token Proposal System

in The CTP Swarm2 years ago

I think it's a good system. From what I see, it's based on how much INDEX we have but what will you do if there is a ton of people who sit on INDEX but don't vote at all?

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Well currently the majority of INDEX is held by less than 10 accounts. So getting any proposal to the 50% mark won't be too hard even if a lot of people don't vote. But I'm also going to add a bot to the discord to notify everyone when a new proposal is created

Oh, was it only 50%? I thought it was like 75% or so based on the 113,242.954 needed to pass and 141,553.693 votes available.

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It's 80% anytime or 50% when it expires