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The DAO we have works uses the Compound DAO's technical framework, but the rules have been changed significantly to simulate a real world scenario where votes are valuable and must be considered the tokens represent votes, and the votes are made finite so that voters take them seriously:
- The contract owner gives voting tokens, "dCLM8", to members of the network.
- There is no limit to the potential supply of voting tokens.
- The voting tokens cannot be transferred between
- Voting tokens expire automatically if you do not use them.
- When you vote your tokens, they are "burned" and cannot be used again.
- Voting is quadratic, so the number of votes cast is the square root of the number of tokens you cast. Quadratic voting has been proposed as a way to better balance the views of many voters with few tokens and a few who hold many tokens.
- Proposals can be broken up into attributes, so you can either vote on the proposal as a whole, which is the same as splitting your vote equally on all its attributes, or cast all your votes on one attribute of it.
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