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Snapshot Voting Visual

๐Ÿ“ Quadratic Voting: Fairer Democracy

Learn how quadratic voting reduces plutocracy and whale dominance

โˆš The Power of Square Roots

Quadratic voting (QV) transforms voting power using square roots: votes = โˆš(tokens). 100 tokens = 10 votes, not 100 votes. This mathematical shift reduces whale dominance while preserving token-weighted governance. A holder with 10,000 tokens gets 100 votes (not 10,000), while 100 holders with 100 tokens each get 1,000 votes combined (10 each). Democracy without abandoning token economics.

๐ŸŽฎ Interactive: Linear vs Quadratic Calculator

Adjust token amount to see how quadratic voting transforms voting power compared to traditional linear (1 token = 1 vote) systems.

100
Small holder
๐Ÿ“Š Linear Voting (Traditional)
Formula
votes = tokens
Your Voting Power
100
votes
Cost per Vote
1 token
โˆš Quadratic Voting
Formula
votes = โˆštokens
Your Voting Power
10.0
votes
Cost per Vote
10.0 tokens
๐Ÿ“ˆ Power Reduction

With 100 tokens: Linear gives you 100 votes, but quadratic gives only 10.0 votes. That's a 90.0% reduction in voting power!

๐ŸŽฏ Why Quadratic Voting Matters

๐Ÿ‹
Reduces Whale Power

A whale with 10,000 tokens gets 100 votes (โˆš10,000) instead of 10,000. Still influential but not dominant. 100 small holders with 100 tokens each (10 votes each) = 1,000 votes combined.

โš–๏ธ
Balances Influence

Small holders gain proportionally more influence. Someone with 4 tokens gets 2 votes (50% efficiency), while someone with 10,000 tokens gets 100 votes (1% efficiency).

๐Ÿ’ฐ
Preserves Skin in the Game

Unlike one-person-one-vote, quadratic voting still rewards token ownership. More tokens = more votes, just not linearly. Large holders maintain influence without total control.

๐ŸŽฒ
Increases Vote Cost for Whales

Going from 100 to 101 votes requires buying 10,201 tokens (101ยฒ = 10,201). Each additional vote costs exponentially more. Makes whale attacks expensive.

๐Ÿ“Š Real-World Comparison

Token Holder
Linear Votes
Quadratic Votes
Small Holder (100 tokens)
100 votes
10.0 votes
Medium Holder (1,000 tokens)
1,000 votes
31.6 votes
Large Holder (5,000 tokens)
5,000 votes
70.7 votes
Whale (10,000 tokens)
10,000 votes
100.0 votes
Key Insight:

In linear voting, whale (10,000) has 100x more power than small holder (100). In quadratic, whale (100 votes) has only 10x more power than small holder (10 votes). Democracy restored while keeping token weights.

๐Ÿ’ก Key Insight

Quadratic voting addresses governance's core tension: How do you prevent whale dominance without abandoning token-weighted voting? One-person-one-vote (used in nation-states) ignores economic stake. Linear voting (1 token = 1 vote) creates plutocracy. Quadratic voting is the mathematical middle ground. Square roots compress power at the top, boost influence at the bottom, while maintaining that more tokens = more votes. It's not perfectโ€”vote buying becomes more profitable (we'll explore this)โ€”but it's the most democratic system that respects token ownership.

โ† Snapshot Voting Visual