Polygon ID, a brand new self-sovereign, zero-knowledge proof (ZKP) id service, is right this moment integrating with Polygon DAO to foster equitable voting in DAO communities. Introducing Polygon ID to switch token DAO governance with one based on id and status.
Bots and unequal voting privileges typically plague DAO governance…
By leveraging Polygon ID and basing voting on id and status, DAOs can unlock verifiable voting and make sure the similar particular person can’t vote twice. It additionally permits for “Proof of Personhood,” eliminating the problem of bot voting with out compromising consumer privateness.
Till now, there was no capability to permit for participation in DAO governance processes primarily based on particular consumer attributes and status with out immediately tying voting exercise to a consumer’s public pockets (i.e., token-based governance).
Reliance on a token-based voting system has resulted in whales — who maintain a majority of DAO tokens — having an outsized affect on essential governance votes, growing centralization.
With the introduction of Polygon ID, DAOs can instill a one-person, one-vote system primarily based on status and id whereas preserving consumer privateness by zero-knowledge expertise.
This newly proposed governance system additionally avoids hostile DAO governance takeovers by DAO token whales and different malicious actors — as was the case within the current takeover of Construct DAO.
