Analyzing Voting Power in Decentralized Governance: Who controls DAOs?
- URL: http://arxiv.org/abs/2204.01176v1
- Date: Sun, 3 Apr 2022 22:58:01 GMT
- Title: Analyzing Voting Power in Decentralized Governance: Who controls DAOs?
- Authors: Robin Fritsch, Marino M\"uller and Roger Wattenhofer
- Abstract summary: We study the state of three prominent governance systems on the blockchain: Compound, Uniswap and ENS.
Using a comprehensive dataset of all governance token holders, delegates, proposals and votes, we analyze who holds the voting rights and how they are used to influence governance decisions.
- Score: 21.764659973662173
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: We empirically study the state of three prominent DAO governance systems on
the Ethereum blockchain: Compound, Uniswap and ENS. In particular, we examine
how the voting power is distributed in these systems. Using a comprehensive
dataset of all governance token holders, delegates, proposals and votes, we
analyze who holds the voting rights and how they are used to influence
governance decisions.
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