ButterAave Delegate Campaign
Hi, we’re Butter. We’re building a DAO that improves DAO governance as a participant in DAO governance. You can learn more about our approach and the rationale for this campaign here and in our original Aave governance forum post here. Below we detail our first step towards launching Butter: A 3-month incentivized delegate campaign at Aave. To summarize, the campaign tests the effect of incentives on (i) who chooses to become a delegate and (ii) their behaviour once they are active in governa...
Butter🧈x👻 Delegate Election: An Analysis
The Aave community has successfully elected a delegate for a three-month campaign as part of the Incentivized Delegate Campaign organized by Butter. The election saw a high level of participation, making it one of the most active proposals in the history of Snapshot proposals for Aave.Election SummaryOn March 23rd, we initiated a Temperature Check to select a delegate for a three-month incentivized Delegate Campaign. Funded by a $15k AAVE grant from the Aave Grants DAO, the campaign aimed to ...
ButterGG: Governance Games at Edge City
This June, we hosted our inaugural governance and mechanism design event, GG, sponsored by Uniswap Foundation. The event took place at Edge City’s pop-up city, Edge Esmeralda, located in Healdsburg, California, marking a major milestone for our research into protocol governance.Why GGDavid Minarsch on 'Autonomous Agent AI Economies'The protocol governance ecosystem divides into two distinct groups: those who make governance decisions and those who build the systems they use. A third...
Butter is a protocol for DAO Governance Find out more at https://butterd.notion.site
ButterAave Delegate Campaign
Hi, we’re Butter. We’re building a DAO that improves DAO governance as a participant in DAO governance. You can learn more about our approach and the rationale for this campaign here and in our original Aave governance forum post here. Below we detail our first step towards launching Butter: A 3-month incentivized delegate campaign at Aave. To summarize, the campaign tests the effect of incentives on (i) who chooses to become a delegate and (ii) their behaviour once they are active in governa...
Butter🧈x👻 Delegate Election: An Analysis
The Aave community has successfully elected a delegate for a three-month campaign as part of the Incentivized Delegate Campaign organized by Butter. The election saw a high level of participation, making it one of the most active proposals in the history of Snapshot proposals for Aave.Election SummaryOn March 23rd, we initiated a Temperature Check to select a delegate for a three-month incentivized Delegate Campaign. Funded by a $15k AAVE grant from the Aave Grants DAO, the campaign aimed to ...
ButterGG: Governance Games at Edge City
This June, we hosted our inaugural governance and mechanism design event, GG, sponsored by Uniswap Foundation. The event took place at Edge City’s pop-up city, Edge Esmeralda, located in Healdsburg, California, marking a major milestone for our research into protocol governance.Why GGDavid Minarsch on 'Autonomous Agent AI Economies'The protocol governance ecosystem divides into two distinct groups: those who make governance decisions and those who build the systems they use. A third...
Butter is a protocol for DAO Governance Find out more at https://butterd.notion.site
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This is the first article in a series where we analyse voting power dynamics in DAOs.
As is widely acknowledged, most DAO governance decisions are made by large voters, leaving little room for smaller voters to make a difference. But just how much influence do whales have?
We dug into 100 of the most recent proposals from the top 60 DAOs to crunch the numbers.
How unbalanced is the distribution of voters? Are large voting power holders aligned with minority voters? Would proposals outcomes have been different if minority voters were better represented?
We came up with a whale pivotality metric, showing the proportion of whale votes which were pivotal — that is their vote alters the outcome.
Read more in our Report below, built in collaboration with takeabreath:
https://butterymoney.github.io/gov_analysis/report/plutocracy_report.html
This is the first article in a series where we analyse voting power dynamics in DAOs.
As is widely acknowledged, most DAO governance decisions are made by large voters, leaving little room for smaller voters to make a difference. But just how much influence do whales have?
We dug into 100 of the most recent proposals from the top 60 DAOs to crunch the numbers.
How unbalanced is the distribution of voters? Are large voting power holders aligned with minority voters? Would proposals outcomes have been different if minority voters were better represented?
We came up with a whale pivotality metric, showing the proportion of whale votes which were pivotal — that is their vote alters the outcome.
Read more in our Report below, built in collaboration with takeabreath:
https://butterymoney.github.io/gov_analysis/report/plutocracy_report.html
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