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Par DAO Governance

Below is an incomplete list of references to configurable variables of parameters (par) that are subject to voting via DAO Governance:

  • Governor Threshold: 20,000 PL2
  • Proposal Threshold: 1% of total staked token for governance
  • Set Proposals Execution Delay: 13,000 blocks (≈2d)
  • Voting Duration: 19,500 blocks (≈3d)
  • Voting Delay: 6,500 blocks
  • Voting Quorum: 33.87% (temporary)
  • Next Distribution Blocks: 6,500 blocks
  • Rewards for liquidity staking PL2: % of Reward HODL: 0.01%
  • GOV Staking Fee: 5%
  • GOV Exit Fee: 0.5%

As the experiment progresses and decentralized markets evolve, the effects of these parameters will become apparent. The variables may be changed initially through informal governance votes and later through formal governance votes to ensure operational stability and keep Plenny economically viable.