lesson·20 min·Chapter 2 of 3
Voting Mechanisms
Different DAOs use different voting mechanisms: Token-weighted voting (1 token = 1 vote) is simplest but favors whales. Quadratic voting (cost of N votes = N²) gives more weight to number of supporters. Conviction voting accumulates voting power over time. Optimistic governance (proposals pass unless vetoed) reduces voter fatigue. Most DAOs use Snapshot for off-chain voting (gasless, using signatures) with on-chain execution. Governor contracts (like OpenZeppelin Governor) handle on-chain voting with configurable parameters for quorum, voting period, and timelock delays.
💡 Key Takeaway
This lesson covers the fundamental concepts. Make sure you understand these before moving to the next chapter.