Proof-of-Governance

Sustainably reward users for participating in governance using verified onchain voter history

Problem:

  • Users of protocols are apathetic to their governance

  • Whales dominate governance proposals

  • Negative feedback loop of small voters not mattering

  • Quorum can be difficult to reach

  • DAOs must demonstrate bonafide decentralization to operate

Solution:

  • Provide incentives to participants in governance

  • Equally weight incentives across voters

  • Compose a vote verifier with non-inflationary incentives

  • Evangelize participants to vote for long term best interests

  • Create a quantifiable audit trail of decentralization

Result:

  • Participants in governance voting record is provable on-chain

  • Airdrop Staking Option to eligible voters

  • Structure out-of-the-money strikes & long maturities

  • Exercise further funds the DAO treasury

  • Provides small voters an economic reason to vote & stay involved

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