Context and Delegation

Context

There are many conversations happening around how to make voting “more fair” or how to dampen the influence of larger voters, perhaps through quadratic voting or some other complicated voting structure. Instead of making the game harder for “whales,” I wanted to bring attention to delegate.apecoin.com and AIP-89:

I am not confident we will be able to implement any voting mechanism that is both fair, and cannot be gamed or exploited to a lesser extent than the current 1 APE 1 VOTE system. Instead, we need to be striving for a more liquid democracy, where we “signal” support for individuals (delegates) to vote and represent our interests in the day-to-day work at the ApeCoin DAO.

Our problems are not unique or new to the Web3 landscape. The concept of 1 token, 1 vote has been around for as long as DAO’s have, and after many years of experimentation the forgone conclusion is that instead of trying to change the way the system works, just try to encourage more active participation from key contributors. The logic being that we want this DAO to be operating efficiently and in a semi-cohesive direction. It becomes very difficult to do that when you have 1 or 2 very large voters with a specific mindset, and the rest of us are scattered, unable or unwilling to spend the required 2-3 hrs / week to review and vote on every AIP.

MakerDAO is one of the longest running and largest DAOs in the space and because they are building a “better currency” through a distributed world bank, it’s important that their voters are extremely active and aware to keep watch over the ecosystem. They pay their delegates to do this work, reviewing and voting on MIPs. We’re not there yet, because we don’t have a global currency to keep watch of.

ENS is another very large DAO that earns on-chain revenue and did a high profile airdrop like ApeCoin. What they did properly though, was required every token claimer to also immediately delegate their tokens to an active contributor.

Uniswap, Aave, Maker, ENS, Synthetix, Gnosis, Compound, Yearn, Gitcoin, Curve, Optimism, Nouns, Bankless, (I could go on) all have powerful voter delegation systems to encourage a liquid democracy. I should point out that Optimism IS doing something a little different with some of the decision making at their DAO. Read more about the Optimism Collective and the Token House vs. Citizen’s house for more info.

Key Terms

  • Liquid Democracy: “Liquid democracy is a form of delegative democracy, whereby an electorate engages in collective decision-making through direct participation and dynamic representation. This democratic system utilizes elements of both direct and representative democracy. Voters in a liquid democracy have the right to vote directly on all policy issues à la direct democracy; voters also have the option to delegate their votes to someone who will vote on their behalf à la representative democracy.” - From Wikipedia

Thank you for reading this. While its very simple in practice I believe this is the first step towards creating a more representative democracy where we can enable real change and direction within the DAO.

My own Delegation Statement and motivation for wanting to become a recognized delegate can be found here:

https://delegate.apecoin.com/delegate/0x10cCD4136471c7c266a9Fc4569622989Fb4caB99

If you resonate with my experience and the ideas I’ve championed so far, it would mean a lot if you would consider delegating your votes to me. If you’re on the fence, or unsure why this is important, I would love the opportunity to earn your delegation! :heart:

Feel free to schedule some time with me here:

(Reminder that while delegating, you are in full control of your tokens at all times! Delegating your votes does not move your tokens, and you can still vote on AIPs on your own!)

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Sorry, AIP-89 specifies this will be added to the website. :face_with_head_bandage:

Feel free to change this to General Category and I will edit some things around so this post is more of a context post and a… “Bump” post to bring attention to delegate.apecoin.com .

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Thanks for this @Amplify. I’ve retweeted your pinned post reminding people of your Delegate status and requested they delegate their votes to you. We could certainly use more progressive delegation around here, so thank you again for the work you’re doing.

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Thank you so much Chris!! Your support means everything to me!

I really appreciate you! :heart:

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Yes, you’re totally right and delegates should be more attractive !

Don’t hesitate to join the French Ape Yacht Club delegation : frenchapeyachtclub.eth

:fr:

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I can see that. Can we commit to the scale points gradual removal formula for all influencers. I got a lot of feedback about influencers taking over the DAO and delegating work instead of spending working hours themselves.

We need to install MDM to verify working hours and if they are not met - DAO dont pay. I thing this will already help the current situation. There should be a clock in and clock out.

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Plus in many countries its illegal to delegate work of the position tasks, it is consider or slavery or just illegal. So what you saying plus implementation of control.

Fair pay for fair job done! For now, there is no check and balance. We should come up with a fair pay for the smart contracts based jobs getting done with expectations being met as predefined in the blockchain smart contract for DAO.

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Or we can start with BASIC MDM, clock in calculator and track of work done.

Yeah, that would be a good start​:+1:. For the DAO to succeed for long term, job performance monitoring systems need to be in place. We human being ( you and me included ) are lazy animals by nature and everybody is happy :smiley: if no system in place that can monitor how we do and complete the given assignments (Job). “Fair pay for fair job get done!” I will vote “ in favor “

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This topic was automatically closed after 7 days. New replies are no longer allowed.

Hi @Amplify,

Your topic will be automatically closing in less than 24 hours. Are you content with the feedback received, or do you wish to extend community discussion for a further 7 days?

If we do not hear from you within 48 hours after your topic closes, your topic will be moved straight to the AIP Draft process.

We look forward to hearing from you.

-Pearson

Yes, can you please recategorize this as a General topic?

It’s no longer an AIP. :smile: Thank you!

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This topic was automatically closed after 11 hours. New replies are no longer allowed.

Hi @Amplify,

Acknowledging your request to re-categorize this AIP to a General topic.

Best,

-Pearson

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1 ape 1 vote mechanism already exist - you all just ned to select it in your proposals. easy,