Governance Innovation: Analysis on Voter Behavior in Blockchain Governance
Governance Innovation: Analysis on Voter Behavior in Blockchain Governance
As the first comprehensive examination of voter behavior in Web3, the following research explores two significant blockchain ecosystems, Curve Finance and Polkadot, using a novel quantitative methodology to decompose and highlight governance patterns.
The presented analysis shows, among other findings, a significant influence of market conditions on voter tendencies, diverse patterns relating to voting power accumulation, and a potential effect of financial incentives on voter participation.