Simple Summary
This proposal seeks to reduce the voting durations for governance proposals on the dYdX Chain:
- Regular Proposals: from 4 days → 3 days
- Expedited Proposals: from 24 hours → 18 hours
The goal is to allow faster decision-making while preserving validator participation and governance security.
Abstract
Most governance proposals on dYdX Chain consistently reach quorum within 2 days of the voting period starting. Expedited proposals, which are usually for urgent changes (e.g., parameter updates, emergency fixes), also reliably hit quorum within a few hours, thanks to prompt notifications from the dYdX Foundation and validator responsiveness.
Shortening voting periods will improve governance agility, particularly for time-sensitive proposals, without meaningfully impacting participation rates or decentralization.
Motivation & Rationale
- Historical data shows that quorum is typically reached less two days for regular proposals (average for the past 10 proposals: ~30 hours) and within 6 hours for expedited proposals. The final 48-60 hours of the voting windows are often underutilized.
- Reducing the voting window shortens the time it takes for proposals to be executed, which is especially valuable when responding to urgent issues or market conditions.
- The dYdX validator set is highly engaged, with consistent participation rates across proposals. For expedited votes, the Foundation team actively notifies validators, further ensuring timely participation.
- Faster governance turnaround helps maintain trust in dYdX as a responsive and secure platform, despite being fully decentralized.
Specification
This proposal seeks to reduce the voting period as follows:
- for regular proposals: reduce from 4 days to 3 day
- for expedited proposals: reduce from 24 hours to 18 hours
No other governance parameters or quorum thresholds are changed.
Next Steps
We invite the dYdX community to provide feedback on this proposal. If there is no significant objection, we will submit the on-chain proposal on Monday, September 22, 2025.
