Proposal Details

Participate in discussions and decision-making processes guided by community governance.

Info Action
Governance Action Type
ACTIVE

Unequal Power

4 likes
1 dislikes
4 comments
Submitted: 31 Jan 2025, 22:38 UTC (Epoch 537)
Updated: 12 Feb 2025, 08:52 UTC (Epoch 539)
ID:213
ma

madfolio

Submitted: 31 Jan 2025, 22:38 UTC (Epoch 537)
Updated At: 12 Feb 2025, 08:52 UTC (Epoch 539)

Abstract

Decentralisation is about distributing power as much as possible. With the current voting power given to DReps by delegators there is a danger that the DReps that wield the most ADA wield the most power. While this is logical at first glance this will result in an oligopoly of a few select DReps. In short I suggest a limit to the number of ADA that can be delegated to an individual DRep.

Motivation

We need to ensure enagagement from a wider number of views and real decentralisation. Always ending up with a voting block with handful of DReps that hold complete power is no way to decentralise.

Rational

Decentralisation in a potential oligopoly.

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