Recently, there have been a few attempts to alter / damage the DAO through proposals. The current rejection cost is very low and trails back to the launch of the SNS. The new rejection fee reflects the current token price better while keeping the DAO open to anyone acting benevolent.

This proposal was created using https://ic-toolkit.app

Proposal to change nervous system parameters:

Current nervous system parameters:

NervousSystemParameters { reject_cost_e8s: Some( 100000000000, ), neuron_minimum_stake_e8s: Some( 88800000000, ), transaction_fee_e8s: Some( 200000, ), max_proposals_to_keep_per_action: Some( 100, ), initial_voting_period_seconds: Some( 345600, ), wait_for_quiet_deadline_increase_seconds: Some( 86400, ), default_followees: Some( DefaultFollowees { followees: {}, }, ), max_number_of_neurons: Some( 200000, ), neuron_minimum_dissolve_delay_to_vote_seconds: Some( 31560192, ), max_followees_per_function: Some( 15, ), max_dissolve_delay_seconds: Some( 157788000, ), max_neuron_age_for_age_bonus: Some( 31557600, ), max_number_of_proposals_with_ballots: Some( 700, ), neuron_claimer_permissions: Some( NeuronPermissionList { permissions: [ Unspecified, ConfigureDissolveState, ManagePrincipals, SubmitProposal, Vote, Disburse, Split, MergeMaturity, DisburseMaturity, StakeMaturity, ManageVotingPermission, ], }, ), neuron_grantable_permissions: Some( NeuronPermissionList { permissions: [ Unspecified, ConfigureDissolveState, ManagePrincipals, SubmitProposal, Vote, Disburse, Split, MergeMaturity, DisburseMaturity, StakeMaturity, ManageVotingPermission, ], }, ), max_number_of_principals_per_neuron: Some( 5, ), voting_rewards_parameters: Some( VotingRewardsParameters { round_duration_seconds: Some( 86400, ), reward_rate_transition_duration_seconds: Some( 86400, ), initial_reward_rate_basis_points: Some( 1, ), final_reward_rate_basis_points: Some( 1, ), }, ), max_dissolve_delay_bonus_percentage: Some( 100, ), max_age_bonus_percentage: Some( 0, ), maturity_modulation_disabled: Some( false, ), automatically_advance_target_version: None, custom_proposal_criticality: None, }

New nervous system parameters:

NervousSystemParameters { reject_cost_e8s: Some( 8888800000000, ), neuron_minimum_stake_e8s: None, transaction_fee_e8s: None, max_proposals_to_keep_per_action: None, initial_voting_period_seconds: None, wait_for_quiet_deadline_increase_seconds: None, default_followees: None, max_number_of_neurons: None, neuron_minimum_dissolve_delay_to_vote_seconds: None, max_followees_per_function: None, max_dissolve_delay_seconds: None, max_neuron_age_for_age_bonus: None, max_number_of_proposals_with_ballots: None, neuron_claimer_permissions: None, neuron_grantable_permissions: None, max_number_of_principals_per_neuron: None, voting_rewards_parameters: None, max_dissolve_delay_bonus_percentage: None, max_age_bonus_percentage: None, maturity_modulation_disabled: None, automatically_advance_target_version: None, custom_proposal_criticality: None, }