Discussion on the voting threshold of 100 SSV Tokens. Is It Optimal?

Thank you @fod for your participation in the discussion. :+1:

You and @ivancorovic from Discord made me realize, and I verified it (see screenshot here), that someone with as little as 1 SSV can vote on the DIPs. Therefore, the statement “A minimum of 100 SSV Tokens is required to participate in votes” is incorrect according to the SSV Network DAO Guidelines [Rev. 1].

In the Ethereum ecosystem, there is no fixed token threshold required to submit Ethereum Improvement Proposals (EIPs). Given that SSV Network adheres to the Ethereum ethos, I’m curious about the rationale behind the 100 SSV voting threshold.

Requiring permission or needing to convince someone to add a proposal contradicts the permissionless approach that the SSV Network DAO promotes.

Ultimately, the voters will decide, and as you mentioned, the multi-sig committee and the SSV DAO Foundation can serve as a secondary line of defense.

Considering the current price of SSV token at $40.34 (May 17, 2024), requiring 100 SSV to propose an improvement implies that only those with significant financial resources can actively participate in the DAO’s progression. Lowering this threshold to around 5 SSV would make participation more accessible and inclusive for most network participants.

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