kaal:claim:4529715-036

Requiring governance tokens to be earned through contribution rather than purchased, as GDN DAO does, leaves only minimal risk of 51 percent and sock puppet attacks even under a one token one vote structure.

While the voting structure of the DAO is a 1 token = 1 vote, tokens are not available for purchase. All governance tokens must be earned through contributions to the community.

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Appendix, Media DAOs, GDN DAO, p. 146
https://ssrn.com/abstract=4529715 · source PDF

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

• one token one vote with non purchasable tokens

mechanismsupport: evidenceddaogovernance-designtokenomicsconsensus-and-security

• supported_by kaal:claim:5254152-027 Requiring users to purchase governance tokens in order to vote both centralizes power in majority token holder...
• restated_by kaal:claim:5254152-038 Reliance on fungible, publicly tradable governance tokens undermines a protocol's resilience by exposing it to...
• extended_by kaal:claim:5254152-013 Low attack resistance in DAOs is typically caused by the use of easily purchasable or transferable governance ...

The quote above is an exact substring of the source PDF, whose sha256 is 2d71961e8c449afbeaf45ca4f53de8a575d45c77d6960b767d3d1d0874f296b5. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/0e68a72ef3998c35...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4529715-036.md | sha256sum

• Qualification: Triadic DAO Governance: A Minimal Safety Architecture for Decentralized Control
• Qualification: Examining the Relationship between Coalition Voting and Knowledge Contribution in Decentralized Autonomous Organizations