Requesting comment and discussion on improving efficiency on the governance process. In the spirit of streamlining governance I have a few suggestions that I would like to seek feedback on for voting periods, quorum percentage, and validator set.
Reduce quorum to 40% from 50%
For now, the opinion is that this could allow existing and active governance to be streamlined. There was a situation recently where an important proposal failed to reach quorum and missed by 0.6% because of a lack of participation from other members ignoring.
Extend the voting period to 10 days from 5 days
Extension of a voting period will ensure that there is sufficient time for participating governance members to view the proposal, discuss, and vote. Even at this it is 4 Days less than Cosmos Hub and we at stakefish believe that it is a good trade-off between proposals and validators review times.
Increase the validator set to 110 from 100
Increasing the validator set should be important for both redelegation purposes, decentralization, and welcoming new entrants.