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Fund Allocation Layer & Tools
This layer distributes resources or economic value to members of the community or ecosystem to encourage further value creation. ____________________________________________________________________ NOTE: Most DAOs are employing traditional, time-boxed voting mechanisms that require majoritarian voting, where group consensus is needed on every proposal. Iterating on the first implementation in 1Hive.org, the Token Engineering Commons is employing a new mechanism called Conviction Voting as its main tool for proposal funding. Although at the moment it is purely token-weighted, the community is looking at future modifications to decentralize further, including quadratic measures or allowing for vote delegation/Liquid Democracy.
Last modified 1mo ago
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