Proof-of-Governance
Sustainably reward users for participating in governance using verified onchain voter history
Last updated
Sustainably reward users for participating in governance using verified onchain voter history
Last updated
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