Back when I was writing my voting AIP-318, later withdrawn, I considered this. However, mathematically it will not be as effective in our DAO given the size of the voting wallets. The end result is that, for example, a wallet with 4.8M $APE would still have an exceptionally huge advantage. In fact, somewhere in my Notion dB, I still have a printout of the math model that I used. I will see if I can dig it up and share because it’s very detailed. I will probably run a new model because at the time, that wallet - one of the largest - was around 1M $APE. In fact, ahead of AIP-304 going live, having read up on the wallet owner who was unfamiliar to me at the time, I even sent a message to the Special Council regarding my findings and why they needed to be cautious etc. It was part of my bid as to why I believed that we needed to change the voting system because high-value impactful AIPS needed to be subject to stricter voting or we run the risk of the voting being rigged in a bid to drain the treasury. Then, an 11M $APE AIP passed without even needing the whale wallet which had grown to 4.1M $APE at the time of the vote. The community at large, by their votes, supported the AIP - and that’s all that matters. Which is why I stated in my AIP that I can’t in good conscience begrudge whales because they were given this voting power - which can be used for good or bad to benefit or detriment of the DAO. However, it’s interesting to note that if we had a 1 person (wallet) = 1 vote system, the AIP would have failed spectacularly. I have that model too.
ps. I love and support what ThankApe is doing for the community, and I have said so many times. To the extent that I do believe that they should be better funded because obviously what they’re doing is working. However, it’s a double-edged sword because once they get bigger, they’re also going to attract larger wallet voters. And that’s when their voting formula would need to be revised or they run into the same problems that we currently have here in the DAO.