Hi Dan,
My suggestion is: cap the support requirement at 5,000,000 VOT3.
This only applies when the dynamic threshold reaches the cap.
This cap should be re-evaluate periodically based on token price, supply and governance need.
Please evaluate whether it’s feasible.
Below is a lengthy ChatGPT analysis.
Community Support Threshold Analysis & Recommendation
1. Background
Currently, VeBetterDAO requires proposals to receive community support equal to 2% of the circulating supply of B3TR (as VOT3) before advancing to the formal voting phase.
This mechanism made sense in the early days of the DAO:
- Circulating supply was low, and concentrated token holdings meant higher governance risk;
- A relatively high support ratio helped filter out spam or malicious proposals.
However, as B3TR continues to be distributed weekly, the absolute number of tokens required is increasing significantly:
| Time | Circulating Supply | 2% Threshold | Approx. USD Value (at $0.10) |
|---|---|---|---|
| 2025 Q2 | ~212M | ~4.24M VOT3 | ~$424,000 |
| 2026 | ~400M | ~8M VOT3 | ~$800,000 |
| 2028 | ~600M | ~12M VOT3 | ~$1,200,000 |
If the 2% threshold remains constant, the community support requirement may become too high for most proposers to realistically achieve.
2. Benchmark: What Do Other DAOs Require?
| DAO | Requirement | Token Amount | Estimated USD Value |
|---|---|---|---|
| Uniswap | 1M UNI delegated | 1,000,000 UNI | ~$5,000,000 |
| Arbitrum | 1M ARB delegated | 1,000,000 ARB | ~$335,000 |
| Aave | 80K AAVE proposition power | 80,000 AAVE | ~$13,800,000 |
| Compound | 25,000 COMP held | 25,000 COMP | ~$1,000,000 |
| Curve | 2,500 veCRV locked | 2,500 veCRV | ~$1,786 |
3. Recommendation: Set a Cap for Community Support
To keep governance scalable and inclusive, introducing a cap on the total number of tokens required for proposal support:
3.1 Value-Based Benchmarking
When benchmarking proposal thresholds in USD-equivalent terms, it’s clear that major DAOs like Uniswap, Aave, and Compound have extremely high entry requirements, often ranging from $1M to over $10M in voting power or delegated tokens.
Where Does VeBetterDAO Fit?
Given that VeBetterDAO is still in a scaling phase:
- We should not blindly replicate top-tier thresholds like Uniswap or Aave — those DAOs operate at a different level of capital density;
- But we also should not drop below a level that fails to reflect proposal seriousness.
Choosing a value between $400K–$500K USD places us:
- Above the “too easy” zone (e.g., <$200K), where low-effort proposals could flood the system;
- Below the “elite-only” zone (>$1M+), which risks centralizing governance to only a few large holders;
- In line with Arbitrum, which has similar tokenomics scale and community dynamics.
In this context, a support threshold equivalent to ~5M VOT3 at $0.08–$0.10/token is a reasonable and well-balanced choice — serious but not exclusionary.
3.2：Token Supply-Based Analysis
Rather than anchoring the threshold in dollar value alone, we also analyzed the projected growth of B3TR supply over time — based on the 12-year linear emission schedule.
As visualized below, the absolute token amount required for proposal support increases rapidly with B3TR issuance, even under reduced ratio assumptions:
From the chart, we observe:
- At Week 20 (now), the 2% support threshold is ~4.2–4.4M VOT3;
- Once circulating supply reaches 1 billion, 2% = 20 million VOT3;
- Even 1% will eventually exceed 10 million tokens — a high bar for most community efforts.
Phased Ratio Reduction Model
To ensure long-term accessibility, a progressive reduction in the support ratio, aligned with token supply milestones:
Time Point Token Supply (est.) Suggested Ratio Support Required (VOT3) Est. USD Value (@ $0.10) 2025 Q2 (Now) ~212M 2% ~4.24M ~$424K 2026 Q2 ~400M 1.5% ~6M ~$600K 2027 Q2 ~600M 1% ~6M ~$600K 2029 Q2 ~800M 0.75% ~6M ~$600K 2031+ (Full) ~1B 0.5% ~5M ~$500K As shown in the chart above:
- A 2% threshold reaches the 5M mark around week 250 (roughly early 2026);
- A 1% threshold exceeds 5M by week 500 (late 2027);
- Even a 0.5% threshold approaches 5M in later stages (by 2031–2032).
4. Final Consideration:
In addition to the analysis above, some final points reinforce the rationale for setting this cap:
- Most mature DAOs include a “temperature check” phase before moving to an on-chain vote. In VeBetterDAO, the proposal support stage serves as the equivalent mechanism for early community signaling. As such, the threshold for support should not be as low as the initial submission requirement — it must reflect a meaningful level of consensus.
- Additionally, if VOT3 tokens deposited for proposal support will count toward voting power in the final vote. This change is likely to encourage more participation in the support phase.
Based on the above, I think a 5M cap is reasonable.
- It only applies when the dynamic threshold (e.g. 2%) exceeds 5M — otherwise, the ratio-based rule remains in effect;
The cap should be re-evaluated periodically based on B3TR price, token supply, and actual governance participation.