ApeCoin

ABSTRACT

This no-cost proposal provides a solution for an element of second-round voting during ApeCoin DAO Working Group elections that currently restricts voters to selecting only one candidate when multiple seats for the same positions are being filled.

To fix this, we propose changing the Snapshot Strategy to weighted voting, which enables the option to distribute voting power among each of the candidates you wish to see elected.

It is important to note that we are already using this method of voting in the first-round of Working Group elections. Furthermore, under this format should you favour our existing second-round standard of single-choice voting, you can still concentrate all of your voting power on one candidate. We’re simply offering an alternative for those who wish to have a broader influence across all positions being filled.

Examples of other DAOs that utilize options to help voters to select more than one candidate when multiple seats are being filled include Arbitrum, ENS, and Optimism.

BENEFIT TO APECOIN ECOSYSTEM

1. Improved Voter Representation and Accuracy: Under our current second-round voting format, election results do not accurately represent the community’s preferences when filling multiple seats for the same role. Instead, they reflect the community’s favourite, accounting for only one seat.

2. Stronger leadership teams: By obtaining more accurate election results, our Working Groups will be formed more deliberately, empowering the community to have a greater say in selecting the best candidates for the job.

3. Enhanced governance integrity: Elections and voting mechanics are polarizing, intricate components of any governance-operated entity. Yet, by pursuing changes in logical, fair, and meaningful ways, the sentiment within the ApeCoin DAO community toward these processes will be strengthened.

4. Preserving choice while maintaining traditional voting preferences: By shifting to a flexible voting strategy, we can provide options to voters while still maintaining the ability to select only one candidate, ensuring that members who prefer that method can still participate according to their preferences.

5. Promoting inclusivity and increasing opportunities for candidates: Weighted voting in the final round of elections will enable voters to more easily endorse multiple candidates with diverse perspectives simultaneously. This system may also amplify opportunities for qualified candidates who typically need expansive networks to obtain meaningful positions within the ApeCoin DAO Working Group structure.

OVERALL COST

There is no cost to implement this proposal.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.