Polygon ID, a brand new self-sovereign, zero-knowledge proof (ZKP) identification service, is right now integrating with Polygon DAO to foster equitable voting in DAO communities. Introducing Polygon ID to interchange token DAO governance with one based on identification and repute.
Bots and unequal voting privileges typically plague DAO governance…
By leveraging Polygon ID and basing voting on identification and repute, DAOs can unlock verifiable voting and make sure the similar particular person can’t vote twice. It additionally permits for “Proof of Personhood,” eliminating the difficulty of bot voting with out compromising consumer privateness.
Till now, there was no capacity to permit for participation in DAO governance processes primarily based on particular consumer attributes and repute with out immediately 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 necessary governance votes, rising centralization.
With the introduction of Polygon ID, DAOs can instill a one-person, one-vote system primarily based on repute and identification whereas preserving consumer privateness via 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 current takeover of Construct DAO.
