List of Flash News about Governor Bravo quorum
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2025-08-23 06:56 |
Governor Bravo Quorum Explained: Why It Uses Total Supply (Not Delegations) and What It Means for COMP, UNI Traders
According to Patrick McCorry, the open question is why Governor Bravo-style governance sets quorum relative to the total votable supply rather than the sum of delegated tokens, and whether this choice was driven by gas constraints around 2021; he raised the issue on X on Aug 23, 2025. Source: https://twitter.com/stonecoldpat0/status/1959147607751790772 In Compound’s Governor Alpha/Bravo, quorum is a fixed absolute threshold (e.g., 400,000 COMP required) while voting power still comes from delegated votes at a snapshot block, meaning the quorum requirement is not tied to the currently delegated supply. Source: https://docs.compound.finance/v2/governance/ Uniswap’s Governor Bravo implementation defines quorum as 4% of UNI total supply at the snapshot block, explicitly anchoring quorum to total supply rather than the amount currently delegated. Source: https://docs.uniswap.org/concepts/governance/overview The design rationale for total-supply-based quorum is to ensure sufficient participation and mitigate governance capture, as the OpenZeppelin Governor framework specifies quorum as a fraction of the token’s past total supply via on-chain snapshots. Source: https://docs.openzeppelin.com/contracts/4.x/governance#quorum For trading, total-supply-anchored or fixed absolute quorums make proposals dependent on broad participation before execution, which can slow or constrain fee or parameter changes that may act as catalysts for COMP and UNI until quorum is reached. Source: https://docs.compound.finance/v2/governance/ and https://docs.uniswap.org/concepts/governance/overview |