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YIP-18: Quadratic Voting Should Be Used By The Proposal System
By 0x0530...FB0346Continue Reading
We want more people to have more opportunities to participate in community governance.And quadratic voting can effectively enhance everyone’s sense of participation.So it can enhance community cohesion.
What is Quadratic Voting?The simple explanation is that 16 yam are equivalent to 4 votes, 100 yam are equivalent to 10 votes, and 10000 yam are equivalent to 100 votes.
- 16 yam = 4 votes
- 100 yam = 10 votes
- 10000 yam = 100 votes
This Mechanism Design Can Radicalize Democracy.Only quadratic cost induces marginal costs linear in votes purchased and thus welfare optimality if individuals’ valuation of votes is proportional to their value of changing the outcome.
For more information,you can read vitalik’s post: https://vitalik.ca/general/2019/12/07/quadratic.html
Connect Wallet to Add Note
0Votes 23
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x4649...ea392e | 17,131 | No |
 0x17ea...c8b84C | 11,668 | Yes |
 0x2Bd5...378Ba3 | 5,003 | Yes |
 0xEC32...Ecb7F2 | 2,139 | No |
 0x6621...5A1491 | 1,843 | Yes |
VOTE POWER
0
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Proposal Status
- Wed August 26 2020, 12:00 pmVoting Period Starts
- Sun August 30 2020, 12:00 pmEnd Voting Period
Current Results
1-Yes
24,627.995
2-No
21,053.518