Related papers: Vote Delegation in DeFi Governance
We propose DAO-enabled decentralized physical AI (DePAI), a democratic architecture for coordinating humans and autonomous machines in the operation and governance of physical-digital systems. We (1) synthesize foundations in blockchains,…
Blockchain-based systems are frequently governed through tokens that grant their holders voting rights over core protocol functions and funds. The centralisation occurring in Decentralised Finance (DeFi) protocols' token-based voting…
This chapter explores how Decentralized Autonomous Organizations (DAOs), a novel institutional form based on blockchain technology, challenge traditional centralized governance structures. DAOs govern projects ranging from finance to…
Voting is the primary mechanism through which Decentralised Autonomous Organisations (DAO) reach decisions. Although transparent, the voting process can be complex: it can involve many interacting smart contracts. The nexus of the…
Decentralised Autonomous Organisations (DAOs) have recently piqued the interest of participants from diverse backgrounds, including business owners, engineers, individual and institutional investors. In part, the promised autonomy (less…
This paper presents a first empirical study of agentic AI as autonomous decision-makers in decentralized governance. Using more than 3K proposals from major protocols, we build an agentic AI voter that interprets proposal contexts,…
This paper introduces a structured approach to improving decision making in Decentralized Autonomous Organizations (DAO) through the integration of the Question-Option-Criteria (QOC) model and AI agents. We outline a stepwise governance…
Decentralized Autonomous Organizations (DAOs) use smart contracts to foster communities working toward common goals. Existing definitions of decentralization, however -- the 'D' in DAO -- fall short of capturing the key properties…
In recent years, political parties have adopted Online Delegative Democracy platforms such as LiquidFeedback to organise themselves and their political agendas via a grassroots approach. A common objection against the use of these platforms…
While previously a nascent theoretical construct, decentralized autonomous organizations have grown rapidly in recent years. DAOs typically emerge around the management of decentralized financial applications and thus benefit from the rapid…
Decentralized Autonomous Organizations (DAOs) run protocol governance by letting token holders vote on proposals. The dominant rule, voting power proportional to wallet balance, concentrates control among a small number of large holders,…
Ensuring the privacy of votes in an election is crucial for the integrity of a democratic process. Often, voting power is delegated to representatives (e.g., in congress) who subsequently vote on behalf of voters on specific issues. This…
Currently, the advantages of decentralization through blockchain technology in the financial sector are actively discussed. In this article, we investigate the decentralization in the governance of Decentralized Autonomous Organizations…
We study vote delegation with "well-behaving" and "misbehaving" agents and compare it with conventional voting. Typical examples for vote delegation are validation or governance tasks on blockchains. There is a majority of well-behaving…
Identity and trust in the modern Internet are centralized around an oligopoly of identity service providers consisting solely of major tech companies. The problem with centralizing trust has become evident in recent discoveries of mass…
Decentralised Autonomous Organisations (DAOs) automate governance and resource allocation through smart contracts, aiming to shift decision-making to distributed token holders. However, many DAOs face sustainability challenges linked to…
In this note, we examine voting on four major blockchain DAOs: Aave, Compound, Lido and Uniswap. Using data directly collected from the Ethereum blockchain, we examine voter activity. We find that in most votes, the "minimal quorum," i.e.,…
Decentralized Autonomous Organization (DAO) becomes a popular governance solution for decentralized applications (dApps) to achieve decentralized governance. In the DAO, no single entity can arbitrarily control the dApps without approval…
This note and agenda serve as a cause for thought for scholars interested in researching Decentralized Autonomous Organizations (DAOs), addressing both the opportunities and challenges posed by this phenomenon. It covers key aspects of data…
Traditional facility management often relies on centralized decision-making structures that limit stakeholder participation, leading to misalignment with occupant needs and reduced satisfaction. This paper proposes a novel blockchain- and…