Voting Mechanisms: Quadratic & Reputation-Based Voting

To promote fair and balanced representation within the DAO, GAYA incorporates advanced voting mechanisms, including quadratic voting and reputation-based voting. These methods work together to mitigate the concentration of power and ensure that committed, active participants have a meaningful influence on governance.

• Quadratic Voting: In GAYA’s DAO, quadratic voting is applied to prevent large stakeholders from exerting disproportionate control. With this system, the cost of each additional vote increases, requiring stakeholders to weigh the importance of their votes carefully. As a result, quadratic voting discourages overconcentration of voting power by making it costly for large holders to acquire excessive influence, enabling a more balanced representation of interests across the community.

• Reputation-Based Voting: GAYA’s reputation-based voting system allocates voting power based not only on the amount staked but also on a user’s participation history, staking duration, and contributions to community initiatives. This reputation-based approach ensures that active, long-term participants who contribute constructively to the ecosystem hold a stronger voice in governance. By rewarding sustained engagement, GAYA encourages responsible governance and enhances accountability.