Appreciate the explanation, Ori.
Just realized I missed voting on proposals that were set to “immediate majority decision”. The obvious reason for that is that these proposals were decided and executed within 1-2 minutes of their creation. There’s no way I would have time to vote on them.
Examples:
Proposal 133833
Proposal 133835
I hope dfinity does away with these types of proposals.
There is this perspective to explain why these types of proposals are needed…
The advantage of default following today is that it enables DFINITY to execute proposals immediately if there is a critical update. This happens according to the definition of Immediate Majority Decision (the definition can be found on the dashboard by looking at the fine print of the Voting Results section of any proposal) and is enabled because of default following. DFINITY does not directly control enough voting power to trigger this type of decision by themselves and if voting on Governance proposal topics is any indication, it is not likely that they will achieve this ability if default following is reset. Without default following, proposals will likely take days. For the Governance topic, DFINITY triggers 27.3% of total voting power in the NNS when they vote, but they only directly control (own) 19.65%. Hence, a lot of voting power in the NNS that is cast on Governance proposals is triggered by neurons other than DFINITY and it takes time for those votes to be cast. This could have a negative effect on voting for technical topics if there are not other organizations that are also committed to reviewing and voting expeditiously. However, an advantage to the soft reset being proposed is that DFINITY can choose to hold off on the transition for the proposal topics that are typical candidates for critical updates (e.g. IC-OS Version Election). It will be important for the community that wants a default following reset to be cognizant of the need for DFINITY to implement critical updates, which means it may not be a full reset any time soon.
I can agree with that just as long as there is a negligible impact on the staking rewards that I get for voting.