🔢Participating in Proposals with Quadratic Voting

Quadratic Voting in PoSciDonDAO: Requirements & Process

What is Quadratic Voting?

Quadratic voting is a collective decision-making procedure that allows people to express not just their preferences but also how strongly they feel about different issues. In PoSciDonDAO:

• Instead of voting power being directly proportional to the number of tokens held, it follows a square root formula

• This means the cost of votes increases quadratically (squares) with the number of votes

• For example:

  • 1 vote requires 1 SCI token locked

  • 2 votes requires 4 SCI tokens locked

  • 3 votes requires 9 SCI tokens locked

  • And so on...

This system helps prevent wealthy token holders from having disproportionate influence and encourages more thoughtful voting based on conviction rather than just token holdings.

Why We Use Quadratic Voting

1. More Democratic: Gives more voice to smaller token holders while still respecting larger stakeholders

2. Better Representation: Helps capture how strongly the majority of the members feel about the proposal

3. Prevents Plutocracy: Makes it expensive to dominate voting through large token holdings

4. Encourages Participation: Smaller token holders know their votes have meaningful impact