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arXiv · 2204.01176

Analyzing Voting Power in Decentralized Governance: Who controls DAOs?

Robin Fritsch·Marino Müller·Roger Wattenhofer
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Abstract

We empirically study the state of three prominent DAO governance systems on the Ethereum blockchain: Compound, Uniswap and ENS. In particular, we examine how the voting power is distributed in these systems. Using a comprehensive dataset of all governance token holders, delegates, proposals and votes, we analyze who holds the voting rights and how they are used to influence governance decisions.

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Robin Fritsch, Marino Müller, Roger Wattenhofer. 2022-04-03. Analyzing Voting Power in Decentralized Governance: Who controls DAOs?. https://arxiv.org/abs/2204.01176

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