The current implementation of SIP-93 introduces instability to the composition of the Spartan Council, with frequent changes due to vote swings. These changes may occur throughout a SCCP voting period. To address this instability, we’re introducing a council lock for the duration of a Council Epoch. To address the loss of liquidity in democracy, we’re introducing the ability to withdraw WD support without impacting the council composition, but diluting voting power instead.
Within a Council Epoch, the Council composition is locked.
Throughout a Council Epoch, Synthetix holders may signal disagreement with their elected council member. When signaling a disagreement, the Synthetix holder’s WD share is withdrawn from council members vote power.
Quorum - you still need a supermajority participation for a decision to be made.
(N/2 + 1)
Voting power may be diluted by the liquidity of agreement.
Vote power N = 1 - (withdrawn WD / total Council member’s WD)