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DAO / Voting

My Meta Farm is oriented to gradually develop products in a decentralized manner through DAO. There will not be any single person/organization that has the right to decide to change the content, change the general economy or change the rules of the product.
Members who participate in DAO / Voting will receive corresponding rewards from the DAO Treasury.
To approve product proposals and changes, My Meta Farm applies a Quadratic Voting scheme. The simple formula of Quadratic Voting is: Vote cost = (vote amount)² (unit: DPs)
For example,
  • It will cost 1 DPs for1 vote for a proposal
  • It will cost 4 DPs for2 votes for a proposal
  • It will cost 25 DPs for5 votes for a proposal

Why Quadratic Voting?

With such a mechanism, contributors can vote for their favorite options and emphasize their preferences through multiple votes. At the same time, it will also limit voting manipulation by “big bag” token holders.