TL; DR

This proposal aims to further optimize the governance rights of LXDAO by requiring Buidler Card holders to reconfirm their governance rights on a quarterly basis. The goal is to reduce the risk of governance attacks while maximizing community governance activity.

Background

In the current governance framework of LXDAO, Buidler Card holders automatically receive permanent governance tokens. As the number of holders increases, the issue of governance apathy gradually leads to the declining weight of actively participating community contributors in governance decisions.

Currently, there are 91 members with voting rights, while the number of participants in voting governance each quarter is around 16 to 20.

LXDAO has implemented LIP47 to lower the required votes for proposals to pass and to increase the weight of opposing votes, while also considering abstentions as a form of opposition. This not only enhances the governance efficiency of the community but also ensures that dissenting opinions are adequately addressed.

However, lowering the voting threshold can easily invite governance attacks, and as the number of community members increases, the voting threshold will need to be continually adjusted. This clearly serves only as a short-term solution to governance efficiency issues.

This proposal aims to solve the problem of governance apathy in the long term by dynamically adjusting governance weights every quarter through the activation of governance rights.

Specific Implementation

Existing Scheme:

According to the LIP47 governance improvement proposal: https://snapshot.org/#/lxdao.eth/proposal/0xc385e59f53167ff795f6b741accb74e54590c0cc7a6a19b7794e519466206ad7

(Absolute favorable votes = Favorable votes - 2 × Opposition votes - Abstention votes. For example, with 30 votes in favor, 20 against, and 2 abstentions, absolute favorable votes = -12.)

Modified Scheme:

Voting Rights Scheme