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GivethGivethby0x826976d7C600d45FB8287CA1d7c76FC8eb732030divinecomedian.eth

Should we switch Snapshot votes to use Shutterized Voting?

Voting ended over 1 year agoSucceeded

from https://blog.shutter.network/shielded-voting/

Voting is crucial in DAOs for decision-making. We expect these systems to be transparent and fair. However, today's DAO voting is often manipulated and lacks privacy, leading to unfair results.

Live voting results can sway voters based on early trends, and last-minute voting by whales (large token holders) can significantly impact the final outcome.

Shielded Voting Restores Voting Fairness

Using encryption, Shielded Voting keeps voting private during the voting period by only showing the total votes overall. Once voting ends, individual votes are revealed.

This prevents whales (big token holders) from manipulating results.

This proposal will dogfood shutterize voting by using shutterized voting!

Off-Chain Vote

For
36.2M GIVPOWER56.6%
Against
106.86K GIVPOWER0.2%
Abstain
27.66M GIVPOWER43.2%
Quorum:640%
Download mobile app to vote

Timeline

Aug 22, 2024Proposal created
Aug 22, 2024Proposal vote started
Aug 29, 2024Proposal vote ended
Aug 12, 2025Proposal updated