[FRC-3] Reducing Waiting Period and Pulse Check Quorum Proposal Passes with 97% Votes in Favor.
30 Jun 2023, 11:27
📣 [FRC-3] Reducing Waiting Period and Pulse Check Quorum Proposal Passes with 97% Votes in Favor 🚀
👉 We are thrilled to announce that the [FRC-3] proposal to reduce the Waiting Period and Pulse Check Quorum has been successfully passed with an impressive 97% of the votes in favor.
🤔 This proposal aimed to bring important changes to the governance process, specifically focusing on reducing the Waiting Period from 7 days to 3 days, lowering the Pulse Check voting threshold from 50 to 20, and decreasing the Snapshot voting quorum from 20m cFRM to 6m cFRM.
❗️By implementing these adjustments, we will achieve a faster and more efficient decision-making process within the Ferrum Network ecosystem.
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