That’s not the point.
And why would Snapshot make a claim that they have a strategy solution for everyone?
The point is that the pre-existing voting system is horrifically inadequate, and the only people who seem to think “yeah, this is fine” fall into two camps :
- whales
- those who benefit from whale voting
Sitting around talking about it, instead of finding a solution isn’t going to yield any results. And while there are remedies in Snapshot, everything has a backdoor which can be exploited. That’s just a factor in any software; and is why I wrote this other proposal tasking the Ape Foundation to come up with a solution. And I gave several options. I invite you to read that proposal because it’s a lot more detailed in scope than this one.
AIP-471: Special Council To Propose Voting System Reform
FYI, Snapshot supports quadratic voting. And if you go to that link (also included in the proposal), you will see a huge banner that says:
This Voting type may encourage the whales to create multiple wallets and split their holdings among them. Therefore it’s important to also implement a mechanism providing Sybil Resistance. Read more here!
Pros : Dilutes the whales’ voting power in favor of smaller holders. Individuals will matter more than the number of tokens.
Cons : This voting type needs to be accompanied by a Sybil-resistance mechanism that prevents whales from splitting funds across different wallets.
There’s no “random 3rd party”. Where are you getting that from? If you click the pencil on the top-right, you will see the proposal changes. I had opted for GwG to handle this. But I was informed - as you will see from the proposal update - that they can’t do it without my asking them to do so. And so, I opted for three community members to handle the voting with that specific wallet.
I have to mention once again that allocating a $25M voting wallet is purely designed to give the community - not external voting whale wallets - a voice in their own DAO. It’s not hard to understand. Whether or not it ends up having the desired effect is left to history.
Have you see this proposal?