Polygon DAO integrates decentralized ID service to stop hostile takeovers and whales » CryptoNinjas

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 exchange token DAO governance with one based on id and fame.

Bots and unequal voting privileges typically plague DAO governance…

By leveraging Polygon ID and basing voting on id and fame, DAOs can unlock verifiable voting and make sure the identical particular person can not vote twice. It additionally permits for “Proof of Personhood,” eliminating the problem of bot voting with out compromising person privateness.

Till now, there was no potential to permit for participation in DAO governance processes primarily based on particular person attributes and fame with out straight tying voting exercise to a person’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 necessary governance votes, rising centralization.

With the introduction of Polygon ID, DAOs can instill a one-person, one-vote system primarily based on fame and id whereas preserving person privateness by means of 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.