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@goverland

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Watching the DAO. Block 8 Voters also participate in... This view shows where DAO voters also cast votes outside their home base. It reveals how participation moves across projects and where governance activity connects. High overlap can point to shared delegation, coordinated voting, or habits formed by active voters across ecosystems. Low overlap highlights DAOs with local-only participation and fewer external ties. Let’s look at two DAOs. - Alpaca Network has 15 total voters. 80% of them didn’t vote in any other DAO. Most participation is internal, with very limited links outward. This kind of profile may suggest an isolated voter base, or one that's just starting out, shaped mostly by native token holders or internal core contributors. - Gnosis DAO, by contrast, has a much broader reach. Only 13% of its voters are exclusive. A large share also participates in Stargate, CoW DAO, Aave, and others. This pattern points to shared governance infrastructure, active delegates, or users who move between ecosystems with clear voting intent. Voter overlap helps identify how DAOs build their participation layer. Localized voting stays within close groups. Broader overlap points to shared governance routines and connections across ecosystems. Watching the DAO continues 🍀 Download gl.app to explore more voting patterns
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Watching the DAO. Block 6 aVP distribution in USD This is our fav. It shows how much actual money is backing real participation in DAOs. This chart shows how much value voters actually use when they participate. It measures the power applied in proposals and doesn’t reflect what is held. You see who puts money behind their votes Look at Metis and Small Voices: A heavy spike at the low end points to wide participation from small holders. Many wallets show up with limited weight, often voting more than once. This kind of pattern suggests strong symbolic culture and steady interest from a broad base Now check CoW DAO and Committed Middle: A visible curve in the middle shows voters who apply moderate weight, proposal after proposal. They’re not symbolic and not dominant. This group often keeps governance going between major decisions, shaping outcomes through consistent presence This is one of the few ways to see how financial power is distributed in action. It shows how much weight voters actually used
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Watching the DAO. Block 5 Top 10 Voters by Average VP Every DAO talks decentralization. Among all metrics we track, this one draws the most heat. This chart shows how voting power is actually used and tracks which voters had the most weight across proposals over time. some examples: - Aavegotchi: Most voting power comes from wallets outside the top 10. The “Other” slice stays dominant, showing a widely shared governance pattern. - Aave Top voters hold a large share of used power. It may look centralised, but their power comes from voluntary delegation. - Decentraland: Presents an open world to play, earn, and vote. Yet top addresses hold a much larger share of voting power. Asset-based voting leads to clear concentration. The chart captures who consistently participates with real weight. Each DAO shows a different model of where decisions come from. Power concentration doesn’t always mean lost decentralization and a broad design doesn’t guarantee it either. #glappinsights
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Watching the DAO. Block 4 Voting Frequency This graph shows how often people vote. Each green bar represents the number of wallets that cast that exact number of votes. The pattern matters. It reveals how long people stay engaged and how deep the commitment runs. Take @uniswap Uniswap’s curve starts with a huge spike for one-time voters. After that, the numbers drop quickly and settle into a long, low stretch. This points to strong delegation. A small set of active voters carries most of the governance while many others delegate their power. Now compare it to Stargate Finance DAO The drop-off is slower, and the middle of the curve stays thicker. Many wallets show up repeatedly. You see consistent turnout for 3, 5, 10, even 20 votes. This is a different kind of engagement. The work is shared across a broader base rather than concentrated in a few hands. Some lean on a core, others move as a group. This chart reveals how the DAO holds its shape over time. #glappinsights
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Watching the DAO. Block 3 Monthly Active Voters. This number tracks how many unique token holders take part in votes each month. A growing count often points to early traction from active contributors. A sudden spike might reflect a major event. A drop could mean delegation took over, or people stepped back. Each shape tells its own story. Arbitrum: Early 2024 brought a huge surge in voters. The ARB drop and launch proposals pulled in thousands. Then it faded. The base settled lower, and many voters didn’t return. That doesn’t mean the DAO failed as delegation stepped in. Big DAOs often shift toward stewards, not crowds. Equilibria Finance: A newer DAO, with a slower, steadier curve. Each month adds more voters. The growth is clean. This usually means contributors are staying around, showing up again. A sign of engagement, not a one-time splash. This metric won’t say how strong a DAO is. But it shows how attention flows and how people choose to show up. #glappinsights
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Watching the DAO. Block 2. Exclusive voters. These are voters active only in one specific DAO. It shows who shows up, how focused they are, what kind of crowd the DAO gathers. Low exclusivity: usually voters are DAO generalists in core infra, OG protocols, L2s. - Good side: savvy voters bring broad Web3 views. - Flip side: attention is split, big players dominate, smaller holders get sidelined. Example: @uniswap It has less than 2 percent exclusive voters. Governance is led by VCs, key delegates (student groups, pro teams), and other large funds. Votes shaped by major players High exclusivity: voters deeply focused on one DAO. - Good side: passionate, loyal, know what they want. - Flip side: echo chambers, less outside input. Example: Floki Started as a meme, now builds an ecosystem. Its Viking identity brings fierce loyalty. Nearly 85 percent of voters are exclusive. Exclusive voter count shows the DAO’s character and how it connects to the wider space. Know the voters, understand the DAO.
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Watching the DAO. Block 1 Successful proposals rate. Just remember, the rate tells part of the story. Structure is key. - If most proposals pass, maybe they’re pre-aligned in forums. Or voters give quick approval. - If many fail, maybe it’s a real community with open fights. Maybe it’s a mess. This rate shows how the DAO works. How open it is. How much noise gets through. What’s good is a separate question. Value the setup over the stat. - @gitcoin follows a strict process. Forum posts, five steward comments, high GTC vote quorum. Proposals reaching Snapshot are shaped early. - ApeCoin leaves more room for friction. Forum checks happen, but with more voices and easier submission, the space is louder. Lower pass rate often means real debate. Same stat, different structures. See the flow and find your voice 🍀
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