entity · derived
Token voting
Derived node: assembled mechanically from the claims carrying token-voting. A roster, not an adjudicated definition.
Every claim under this term
- 3782214-006 : Declining to adopt explicit or formal rules is itself a governance choice, and it defaults to rule by might; since might in these systems is defined by wealth, the resulting order is oligarchy.
- 3808873-039 : One token one vote on chain governance produces plutocracy: it allocates more power to holders of a significant share of supply so that majority token holders have more power than all other holders co
- 5887242-009 : A reputation-based staking system sits at the core of the UDLC DAO's internal governance precisely because it eliminates the corruptive influence of fungible tokens and plutocratic one-token-one-vote