Proposal for Increasing Deposit and Activating Expedited Governance Features
Proposal Overview
This proposal aims to introduce two important improvements to the XPLA network:
- Spam Prevention: Increase the deposit for regular proposals to deter indiscriminate proposal submissions
- Expedited Governance: Introduce an expedited proposal mechanism that enables faster decision-making for urgent network upgrades or critical security patches
Background and Necessity
Current System Limitations
The current XPLA network governance system faces the following issues:
Spamming Issues
- Low Entry Barrier: Relatively low deposits enable the possibility of indiscriminate proposal submissions
- Governance Fatigue: Low-quality or duplicate proposals reduce community motivation to participate in governance
- Resource Waste: Community time and effort spent reviewing unnecessary proposals
Lack of Urgency Response
The current lengthy processing time for general governance proposals can be problematic in the following situations:
- Emergency Security Patches: When critical security vulnerabilities are discovered and require immediate fixes
- Critical Infrastructure Upgrades: Upgrades that directly affect network stability
- External Chain Compatibility: Responding to hard forks or upgrades of other interoperable blockchains
- Time-Sensitive Parameter Adjustments: When rapid parameter changes are needed based on network conditions
Proposal Details
Parameter Settings
We propose introducing the spam prevention and expedited proposal mechanisms with the following parameters:
- Regular Proposal Deposit: 1,000 XPLA
- Expedited Proposal Deposit: 2,000 XPLA
- Expedited Proposal Approval Threshold: 66.7%
- Expedited Proposal Voting Period: 3 days
- Regular Proposal Voting Period: 7 days (no change)
- Quorum (Minimum Participation Rate): 40%
- Minimum Initial Deposit Ratio: 10%