Skip to content

Commit

Permalink
small calrification of voting power
Browse files Browse the repository at this point in the history
  • Loading branch information
brenzi committed Jun 2, 2024
1 parent c583d95 commit d37c9fb
Showing 1 changed file with 2 additions and 2 deletions.
4 changes: 2 additions & 2 deletions src/protocol-democracy.md
Original file line number Diff line number Diff line change
Expand Up @@ -29,11 +29,11 @@ Another example shows a proposal with insufficient approval. After an initial bo

### Eligible Reputations

Each successful cycle attendance for a set of eligible cycles gives you one vote. We currently allow only reputations older than the previous cycle (relative to proposal submission) to participate in the vote. This is because the count of those reputations is not subject to change anymore. We need a reliable count of all eligible reputations in order to determine the maximum amount of possible votes (the *electorate*), which is required for AQB and to determine the minimum turnout.
Each successful cycle attendance for a set of eligible cycles gives you one vote. We currently allow only reputations older than the previous cycle but younger than the *reputation lifetime* (relative to proposal submission) to participate in the vote. This is because the count of those reputations is not subject to change anymore. We need a reliable count of all eligible reputations in order to determine the maximum amount of possible votes (the *electorate*), which is required for AQB and to determine the minimum turnout.

![electorate](./fig/democracy-electorate.drawio.svg)

Your own voting power depends on the number of cycles you have attended during the eligible period. The more cycles you have attended during this period, the more voting power you have. This is a sybil-resilient approximation of universal suffrage which rewards your dedication to participate in community cycles regularly.
Your own voting power depends on the number of cycles you have attended during the eligible period. The more cycles you have attended during this period, the more voting power you have. This is a sybil-resilient approximation of universal suffrage which rewards your dedication to participate in community cycles regularly. Thanks to the reputation lifetime, however, there is no undue bias towards longtime community members as only recent reputation is eligible for voting.

### Adaptive Quorum Biasing (AQB) and Minimum Approval

Expand Down

0 comments on commit d37c9fb

Please sign in to comment.