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The Cartographer
Analyzing Voting Power in Decentralized Governance: Who controls DAOs?
April 03, 2022 Β· Declared Dead Β· π Blockchain: Research and Applications
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Authors
Robin Fritsch, Marino MΓΌller, Roger Wattenhofer
arXiv ID
2204.01176
Category
cs.CY: Computers & Society
Cross-listed
cs.CR,
cs.GT
Citations
72
Venue
Blockchain: Research and Applications
Last Checked
5 months ago
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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