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closedEnded 3 years ago · Snapshot (Offchain)

[AGIP55] Update the Template to Require the Use of ‘Weighted Voting’’

By 0xb8B9...13e649

Author: CryptoGotchi GotchiIDs: 8612 (I opt out of receiving XP for this proposal) Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: https://dao.aavegotchi.com/t/update-the-template-to-require-the-use-of-weighted-voting/4569

Hey there,

I’d like to propose that we update the template for proposals to require all future proposals to use the voting system ‘weighted voting’ (even for simple yes/no proposals). Weighted voting is what was used in the AavegotchiDAO Foundation election CoreProp.

Effect:

  1. Using weighted voting, sub-DAOs like GotchiVault will be able to vote in a way that accurately reflects the outcomes of their sister proposals.
  2. People will be able to show slight preferences, or even indifference, by splitting their own votes; even on yes/no proposals.

Goals:

  1. A more accurate reflection of VP.
  2. Lessen concerns about large sub-DAOs being able to determine a proposal’s outcome by themselves. For example, when GotchiVault does not split it’s vote, they basically pick the winning choice of any proposal that reaches a quorum of about 3M or more. By giving them the ability to fine-tune their VP to their sister-proposal’s results, there would be less concerns from DAO members about large sub-DAOs accumulating VP.

Risks:

  1. Even if we require the use of weighted voting for all future proposals, we can’t force sub-DAOs to utilize it in a democratic way. They still might decide to put all their VP behind the winning choice of their sister proposal. While this is completely up to them, there is little downside for the DAO in giving them that choice (i.e. enabling them to split their votes more accurately).
  2. Weighted voting might seem unfamiliar at first. However, we’ve recently utilized this voting system for the AavegotchiDAO Foundation election, and I have yet to see any complaints about the system being too complicated for people to use. The way that snapshot implemented it, is very intuitive, so ‘weighted voting’ being unfamiliar seems to be a negligible concern.
  3. Could potentially increase uninformed voting. Having to make a choice is sometimes hard. Especially because snapshot allows anyone to check all your past votes. So one should feel a sense of responsibility when casting one’s vote. Using weighted voting we could see some people splitting their vote equally for all available choices. While this could reflect true indifference, it could also be a way for people to get XP while avoiding responsibility for any outcome. So no reason to read up on what’s going on, just split the vote and get XP. While this might seem like a valid concern, I don’t believe it is. There are always some uninformed people voting with their guts. People who care enough about their reputation to vote 50/50 to avoid responsibility for their choice (instead of just picking one of the options), but don’t care enough to read up on their choices and pick what they believe is the best option, are likely a negligible minority.

Alternative:

Not changing the template.

Related material:

Template:

https://aavegotchi.medium.com/scaling-aavegotchidao-c7e589de0333

Weighted voting:

https://docs.snapshot.org/proposals/voting-types#weighted-voting

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Connect Wallet to Add Note
0
Votes 1273
VoterCast PowerVote & Rationale
0xDd56...1eAC63
3.239M

Require Weighted Voting

0x5119...aecA6C
2.393M

Require Weighted Voting

0x06b4...c03D99
344,907

Require Weighted Voting

0xC577...c6CC50
341,794

Require Weighted Voting

0xd04e...8CC21b
209,363

Require Weighted Voting

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0
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Proposal Status
  • Tue January 03 2023, 03:25 pmVoting Period Starts
  • Tue January 10 2023, 05:00 pmEnd Voting Period
Current Results

1-Require Weighted Voting

16.627M

96.75%

2-Do Not Change the Template

557,865.95

3.25%
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