Voting Power
Also known as: Governance Influence, Token-Weighted Voting, Delegated Voting
The weight of a participant’s influence in a blockchain governance decision, often based on token holdings or delegation.
Voting power is a measure of how much influence a participant has in decentralized governance decisions. In blockchain systems, it’s typically determined by the number of governance tokens held or delegated to an address. Some protocols allow quadratic voting, stake-weighted voting, or reputation-based models. Voting power plays a critical role in DAO proposals, treasury management, protocol upgrades, and parameter adjustments. Centralization of voting power can lead to governance capture, making transparency and distribution essential for healthy governance.