Overview
Quadratic voting is a voting system where the cost of votes grows quadratically to limit influence concentration. It lets users express preference intensity. It aims to reduce plutocracy.
How It Works
Each additional vote for an option costs more, typically the square of the number of votes. This lets a user spend credits to show strong preference while limiting dominance. The design balances influence.
Why It Matters
Quadratic voting addresses the concentration of power in token governance. It can improve collective decision-making. Its implementation is complex and experimental.
Related Concepts
Quadratic voting relates to DAOs, Governance, and token-weighted voting. It is an alternative to one-token-one-vote.