From 56044be8b6da310eff9ba272fdb999b186a2e4e6 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?St=C3=A9phane?= Date: Tue, 24 Oct 2023 13:39:48 +0200 Subject: [PATCH] Update arc-0034.md --- ARCs/arc-0034.md | 10 ++++++++-- 1 file changed, 8 insertions(+), 2 deletions(-) diff --git a/ARCs/arc-0034.md b/ARCs/arc-0034.md index 768a2e6dc..c03dd9542 100644 --- a/ARCs/arc-0034.md +++ b/ARCs/arc-0034.md @@ -72,12 +72,18 @@ Where: -### Threshold +### Proposal Approval Threshold In order for a proposal to be approved, it is necessary for the number of votes in favor of the proposal to be proportionate to the amount of funds requested. This ensures that the allocation of funds is in line with the community's consensus and in accordance with democratic principles. The formula to calculate the voting power needed to pass a proposal is as follows: +`voting_power_needed = (amount_requested) / (amount_available) * (current_session_voting_power_used)` + +Where: +- `voting_power_needed`: Voting power required for a proposal to be accepted. +- `amount_requested`: The requested amount a proposal is seeking. +- `amount_available`: The entire grant funds available for the current session. +- `current_session_voting_power_used`: The voting power use in the current session. -`Voting Power Needed = (Amount Requested) / (Amount Available) * (Total Number Of Algo Used During The Vote)` > eg. 2 000 000 Algo are available to be given away as grants, 300 000 000 millions Algo are committed to the xGov Process, 200 000 000 Algo are used during the vote: > - Proposal A request 100 000 Algos (5 % of the Amount available)