Researchers in Singapore design new ‘more efficient’ DAO scheme

The researchers ultimately concluded that existing popular ballot plans each had their advantages and downsides and that a brand-new paradigm integrating what they considered to be the finest features of each would be “more effective” than the status quo.Dubbed “Voting Schemes in DAO Governance,” the groups paper examines eight present methods for DAO governance and examines their perceived strengths and weaknesses.The methods examined consist of: token-based quorum ballot, quadratic ballot, weighted and reputation-based ballot, knowledge-extractable ballot, multisig ballot, holographic agreement, conviction voting, and rage stopping voting.Related: How do you DAO? Can DAOs scale and other burning questionsEach ballot plan was rated according to five vectors making up performance (proposal selection and approval speed), fairness (with respect to citizen equality), scalability (ability to adjust storage/computation/communications according to the number of citizens), robustness (strength against attacks and collusion), and incentive plans (whether the design motivates voter habits). Per the study:” We know that the downside of the conviction voting system is that it takes time to authorize an immediate proposal.

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