Quadratic Voting

Quadratic Voting is a collective decision-making process where the cost of casting additional votes increases quadratically with the number of votes cast. This method is designed to prevent large token holders from completely dominating governance by making it prohibitively expensive to influence every vote.

It allows minority voices to express the intensity of their preferences, leading to more representative outcomes. In a blockchain context, this is often implemented through specialized governance smart contracts.

It balances the influence of whales with the preferences of smaller community members. By squaring the cost of votes, the system encourages participants to vote only on issues they care about deeply.

It is a sophisticated tool for achieving democratic fairness in adversarial environments. While effective, it requires robust identity verification to prevent users from creating multiple accounts to bypass cost structures.