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In many DAOs, voting power is tied to the number of governance tokens held. This can lead to an imbalance where a small minority, owning a large share of tokens, has disproportionate influence. As a result, even if the majority of individual voters collectively hold fewer tokens, their voices may be overshadowed by the minority. This situation is common, particularly in DAOs where token distribution is concentrated among early large stakeholders.
We see these questions arising here and there, as highlighted in a recent
@blockworks article: https://x.com/blockworks_/status/1829639402093756473?s=46&t=svS0gjzWr7RnrwN1DNV-qg.
A good example of a solution is Gearbox DAO. In its early stages,
@gearboxprotocol, thanks to @snapshotlabs mechanics, evens out the playing field by ensuring that community members have higher voting power than early investors.
You can learn more about this solution in our post about Gearbox: https://x.com/goverland_xyz/status/1808544132136059308.
And Happy Governing, Goverlanders🍀 0 reply
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