Yeah, I’m familiar with that thread, there was general support(70%) for 50K, which is why one of the options here is 50k.
If 65K or the CAP was sufficiently low, we wouldn’t have the need or support for creating a whitelist of proposers that bypasses the 65K parameter and the CAP process. → Whitelist of addresses that can create proposals
To put more color on the current threshold, these are the groups who are left out from submitting by not lowering it to at least 50k (one of whom is even on the community multisig). Going down to 10K it’s also all pretty well known delegates.
There’s little risk to allowing more people the ability to make proposals, especially with the gas cost of even simple proposals and the review period in place. So I think the question is why shouldn’t we empower more people? Worse case no new active participants, best case it gets more people thinking about how to use their new found powers.
Also with the CAP, only 70* voting addresses have >100 votes, with most comp being delegated or just being held by speculators. So there really aren’t many people who a)have $45k comp lying around b)know how to submit proposals c)actively participate in comp governance.
@joeysantoro There’s been no issue with proposals reaching quorum, and there’s a whole host of risks that come with a lower quorum. It’s already a $200M quorum in control of $10B in assets. Plus the quorum as percent of circulating supply is getting lowered every day.