Q International Foundation’s Voting Policy lays down the principles according to which it exercises the voting rights attached to its Q tokens (QGOV). Amongst other things, Q International Foundation has committed itself to providing full transparency of its voting behavior.

There is currently an active Q Proposal to change two constitution parameters: maxNRootNodes and maxNValidators. Both constitution parameters are proposed to be increased to 27. The proposal is correctly classified as a “basic” constitution proposal, requiring a 25% quorum and 50% majority to pass.

Intended voting action

Q International Foundation supports the initiative to actively manage both the number of root nodes and validator nodes. At the same time, we do not see a strong reason to take a directional view on this issue. Q International Foundation therefore submits a “neutral” vote in accordance with par. 2. a. of its Voting Policy. Concretely, this means that Q International Foundation submits an equal number of “yes” and “no” votes, thereby ensuring that the quorum required for the proposal to pass is met, while not influencing the outcome of the vote.

Rationale

Root nodes and validator nodes are critical elements of the security and governance architecture of the Q protocol. Actively managing the maximum number of root nodes and validator nodes, taking into account both benefits and risks of changing the respective parameters, is therefore beneficial for the security and decentralization of the Q protocol and should be supported. At the same time, Q International Foundation does not feel that there is a need to take a view on the merits of this specific proposal, since the topic has been competently discussed among Q community members and stakeholders of the Q protocol. Q International Foundation therefore submits a “neutral” vote on Q Proposal #3.

This reasoning is in line with previous statements of Q International Foundation.