# Token voting

`kaal:entity:token-voting`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `token-voting`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 3 works, 2021 to 2025.

**2021**

- [3782214-006](https://wulfkaal.github.io/claims/3782214-006) [failure/argued] *(failure mode)* -- 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.
  > Choosing no explicit or formal rules is still a governance choice. That choice de- faults to the prehistoric rule of might makes right. Since might is defined by wealth, they've chosen oligarchy.
  Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214
- [3808873-039](https://wulfkaal.github.io/claims/3808873-039) [mechanism/argued] *(failure mode)* -- 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 combined, reintroducing the defects of one share one vote legacy designs.
  > A one- token-one-vote design allocates more power to token holders who have a significant share of the total supply of a given token. Majority token holders have more power than the rest of the token holders combined.
  Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

**2025**

- [5887242-009](https://wulfkaal.github.io/claims/5887242-009) [mechanism/argued] -- 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 mechanics.
  > At the core of the UDLC DAO's internal governance lies a reputation-based staking system that eliminates the corruptive influence of fungible tokens and plutocratic one-token-one-vote mechanics.
  Wulf A. Kaal, The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted (2025). SSRN: https://ssrn.com/abstract=5887242

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/token-voting.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.