Related papers: Vote Delegation in DeFi Governance
Liquid democracy is a hybrid direct-representative decision making process that provides each voter with the option of either voting directly or to delegate their vote to another voter, i.e., to a representative of their choice. One of the…
Decentralized finance (DeFi) is known for its unique mechanism design, which applies smart contracts to facilitate peer-to-peer transactions. The decentralized bank is a typical DeFi application. Ideally, a decentralized bank should be…
As of August 2022, blockchain-based assets boast a combined market capitalisation exceeding one trillion USD, among which the most prominent are the decentralised autonomous organisation (DAO) tokens associated with decentralised finance…
This paper presents an analysis and experimental validation of dispatchable virtual oscillator control (dVOC) for inverter-dominated power systems. dVOC is a promising decentralized control strategy that requires only local measurements to…
As generative artificial intelligence (GenAI) diffuses across industries and becomes broadly accessible, the locus of sustainable competitive advantage shifts from technology ownership toward the quality of employee-level adoption and use.…
Speech recognition and other natural language tasks have long benefited from voting-based algorithms as a method to aggregate outputs from several systems to achieve a higher accuracy than any of the individual systems. Diarization, the…
Uniswap is a Constant Product Market Maker built around liquidity pools, where pairs of tokens are exchanged subject to a fee that is proportional to the size of transactions. At the time of writing, there exist more than 6,000 pools…
Autonomous laboratories promise to accelerate discovery by coupling learning algorithms with robotic experimentation, yet adoption remains limited by fragmented software that separates high-level planning from low-level execution. Here we…
Digital deliberation has expanded democratic participation, yet challenges remain. This includes processing information at scale, moderating discussions, fact-checking, or attracting people to participate. Recent advances in artificial…
Reinforcement learning algorithms require a large amount of samples; this often limits their real-world applications on even simple tasks. Such a challenge is more outstanding in multi-agent tasks, as each step of operation is more costly…
We introduce new power indices to measure the a priori voting power of voters in liquid democracy elections where an underlying network restricts delegations. We argue that our power indices are natural extensions of the standard…
In this paper a decentralized control algorithm for systems composed of $N$ dynamically decoupled agents, coupled by feasibility constraints, is presented. The control problem is divided into $N$ optimal control sub-problems and a…
Voting power determines the "power" of individuals who cast votes; their power is based on their ability to influence the winning-ness of a coalition. Usually each individual acts alone, casting either all or none of their votes and is…
In the digital era, where innovative technologies like blockchain are revolutionizing traditional organizational paradigms, Decentralized Autonomous Organizations (DAOs) emerge as avant-garde models of collective governance. However, their…
Decision-makers in high-stakes selection processes often face a fundamental choice: whether to make decisions themselves or to delegate authority to another entity whose incentives may only be partially aligned with their own. Such…
Data grows in value when joined and combined; likewise the power of voice grows in ensemble. With 15 UK choirs, we explore opportunities for bottom-up data governance of a jointly created Choral AI Dataset. Guided by a survey of chorister…
Prevailing top-down systems in politics and economics struggle to keep pace with the pressing challenges of the 21st century, such as climate change, social inequality and conflict. Bottom-up democratisation and participatory approaches in…
Data cooperatives with fiduciary obligations to members provide a promising direction for the empowerment of individuals through their own personal data. A data cooperative can manage, curate and protect access to the personal data of…
Many have criticized the centralized and unaccountable governance of prominent online social platforms, leading to renewed interest in platform governance that incorporates multiple centers of power. Decentralization of power can arise…
Increasingly, modern Artificial Intelligence (AI) research has become more computationally intensive. However, a growing concern is that due to unequal access to computing power, only certain firms and elite universities have advantages in…