Collab.Land's governor contract is a modified variant of Compound's governor bravo contract, deployed on Optimistic Ethereum for Collab.Land governance voting.
Governor contract parameters
|Voting Type||simple token-weighted, 1 token = 1 vote||COLLAB tokens must be held in (or delegated to) wallets that hold a membership DAO Pass|
|Voting Cycle||2/7/5 days||Voting delay 2 days, Voting period 7 days, Execution delay 5 days|
|Quorum Requirement||1.39M COLLAB, 10% of circulating supply||0.139% of |
|Proposal Threshold||695,000 COLLAB required to create proposal on governor contract||To be updated seasonally to be 50% of Quorum Requirement|
|Governor contract||op:||Governor contract deployed on Optimism Mainnet|
|Timelock controller||op:||Timelock controller deployed on Optimism Mainnet|
Circulating Supply is defined to be the amount of COLLAB held in wallets that also hold DAO Passes.
Circulating Supply is 0.139% of
total supply as of May 26, 2023. This number will be updated seasonally.
To check the current circulating supply Members should:
- Fork this DUNE analytics query
evt_block_numberto the current Ethereum L1 block number
Collab.Land uses two factors as part of the contract to achieve the Quorum Requirement and Proposal Threshold as defined from circulating supply.
- Factor 1
- Factor 2
These factors will be adjusted to match as the Circulating Supply changes.