[Parameter change] Proposal to Decrease Minimum Deposit for Proposals.

Summary

This proposal recommends reducing the minimum deposit required to submit governance proposals on the Quasar chain from the current threshold of 20,000 QSR tokens to 10,000 QSR tokens. This adjustment aims to align the deposit requirement more closely with those of other protocols in the Cosmos ecosystem. The current threshold has posed challenges for some community members, restricting their ability to participate effectively in the governance process. The proposed new threshold is intended to preserve the quality of proposals while making the governance process more accessible.

Motivation

In an effort to enhance inclusivity and participation within the Quasar blockchain governance, this proposal seeks to lower the barrier for community involvement by halving the current minimum deposit requirement for submitting governance proposals from 20,000 to 10,000 QSR tokens. This strategic adjustment is not only aimed at aligning Quasar’s governance framework more closely with prevailing standards across the Cosmos ecosystem but also at removing the participation constraints faced by a segment of our community due to the previously higher threshold. By proposing a new, reduced deposit requirement, the governance intends to strike a balance between broadening community engagement and maintaining the high caliber of governance proposals essential for the network’s continued growth and integrity. This initiative reflects the commitment to fostering a more dynamic, inclusive, and effective governance process, ensuring that the voices of a wider array of community members are heard and considered in shaping the future of Quasar.

Specification:

The proposed changes to the minimum deposit threshold for governance proposals are as follows:

• Current Minimum Deposit: 20,000 QSR tokens
• Proposed Minimum Deposit: 10,000 QSR tokens

Voting

• By voting YES, you agree to the changes above proposal suggests.
• By voting NO, you disagree to the changes above proposal suggests.
• By voting ABSTAIN, you express no opinion on the matter.
• A NoWithVeto vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Quasar, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Quasar governance