Memo 0x5a07cfe7…01125c on Ethereum

0x6535020c…89bbsent to0xbeccb6bb…9bf62022-05-13·#14,767,311·view on Etherscan

# Increase Governance Quorum and Submit Proposal Requirements Recently the DAO has voted in favor of and executed a proposal to increase total supply https://www.inverse.finance/governance/proposals/mills/11. This change in supply warrants an updated governance quorum and submit proposal requirements to respectively reflect 5% total supply (7,000 votes) and 1% total supply (1,400 votes). These thresholds ensure high proposal quality and safeguard the DAO against governance attacks in time’s of weak markets. Important to note that DAO Governance has consistently shown good health with 18 of the last 19 proposals receiving over 7000 for votes. The DAO has an active core group of delegates to submit proposals on chain, and a newly formed proposer whitelist of incentivized team members.

unknown sendersent to0xbeccb6bb…9bf62022-05-13·#14,767,311·view on Etherscan

updateProposalQuorum(uint256)updateProposalThreshold(uint256)# Increase Governance Quorum and Submit Proposal Requirements Recently the DAO has voted in favor of and executed a proposal to increase total supply https://www.inverse.finance/governance/proposals/mills/11. This change in supply warrants an updated governance quorum and submit proposal requirements to respectively reflect 5% total supply (7,000 votes) and 1% total supply (1,400 votes). These thresholds ensure high proposal quality and safeguard the DAO against governance attacks in time’s of weak markets. Important to note that DAO Governance has consistently shown good health with 18 of the last 19 proposals receiving over 7000 for votes. The DAO has an active core group of delegates to submit proposals on chain, and a newly formed proposer whitelist of incentivized team members.