[Proposal] Reducing minimum staking time for expanding governance participation

I would probably be in favor of this proposal, as it is low risk and could potentially encourage more staking. However, one important drawback of this proposal that isn’t being discussed is it would instantly increase the amount of voting power on the network, thus reducing the APY for all stakers, and increase it in neurons that have low incentive to participate in good faith governance.

There is currently approx. 24M ICP that is dissolving on the NNS with less than a 6 month dissolve delay. These are mostly genesis neurons that have chosen to dissolve. They currently receive 0 vp. In addition, there is 2.6M ICP that is locked for less than 6 months. These are genesis neurons that were never claimed (and thus are still locked) and have an age bonus of about 1.15. They currently also receive 0 vp. Should this motion pass, approx. 18.4M voting power would be granted to these neurons, approximately 4.4% of total voting power.

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