Last updated 2 years ago
DAOs in Cardano right now have no way to do smart contract powered voting
We plan to create an open standard for on-chain voting through a Plutus smart contract that can be used by any DAO or dApp
This is the total amount allocated to Basic Plutus Voting dApp.
Voting is an essential primitive required by many dApp protocols. From DAOs, DeFi dApps, to treasuries, many usecases require users to vote for for the game theory of the protocol to work.
DeFi protocols are just beginning to come into existence in the Cardano ecosystem, yet in the not too far distant future they will start to look at integrating voting protocols as well.
We will spend time researching and developing design patterns for implementing on-chain voting in Plutus. This on-chain voting will be able to effect protocol parameters held in the Datum as well as altering the Validator of the UTXO (thereby interacting with upgradability). We will release a github repo with an example contract implementing a voting protocol that can be forked by other projects and adapted to their use case in Q1 2022
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Our team is composed of well known ex-Emurgo and ex-IOHK employees who have been building the Cardano ecosystem for the past several years