Phase 1 Part 2: Intro to QV

Like before, click on the option which corresponds to your team. But this time the votes will be counted quadratically. Compare with Phase 1 Part 1 to see the difference quadratic voting can make.

Quadratic voting is a system of assigning voting power that helps balance the interests of smaller and larger voters.

In general there are three types of voting system you'll see in crypto:

• One account, one vote (1a1v): Everyone gets one vote, regardless of token holdings. This is familiar from off-chain systems like political elections.

• One token, one vote (1t1v): Everyone gets one vote for each token they hold, so larger holdings give more power. This is familiar from off-chain systems like shareholder votes.

• Quadratic voting (qv): A voter's vote power is equivalent to the square root of their token holdings. Larger token holdings still give more power, but each additional token gives slightly less power.

Under 1t1v, Team C's million tokens will always win, no matter how other people vote. This is because Team C has more tokens than the rest of the players combined, several times over!

But under quadratic voting, both teams can easily outvote the whale.

Prize: 1000 HOPR Tokens