2024/07/15 by Falk, Brett, Tasneem Pathan, Pathan, Tasneem +4 · 1 citation
Business, Management and Accounting · Computer Science · #Blockchain Technology Applications and Security #Computers and Society (cs.CY) #FOS: Computer and information sciences #FinTech, Crowdfunding, Digital Finance #Sharing Economy and Platforms
paper · pdf · doi:10.48550/arxiv.2407.10945
openalex publication_date 2024/07/15 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
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., the smallest number of active voters who could swing the vote is quite small. To understand who is actually driving these DAOs, we use data from the Ethereum Name Service (ENS), Sybil.org, and Compound, to divide voters into different categories.