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Polygon ID, a brand new self-sovereign, zero-knowledge proof (ZKP) identification service, is at this time integrating with Polygon DAO to foster equitable voting in DAO communities. Introducing Polygon ID to switch token DAO governance with one based on identification and status.
Bots and unequal voting privileges usually plague DAO governance…
By leveraging Polygon ID and basing voting on identification and status, DAOs can unlock verifiable voting and make sure the identical 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 skill to permit for participation in DAO governance processes primarily based on particular consumer attributes and status with out straight 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 vital governance votes, rising centralization.
With the introduction of Polygon ID, DAOs can instill a one-person, one-vote system primarily based on status and identification whereas preserving consumer privateness by zero-knowledge know-how.
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 latest takeover of Construct DAO.
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