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Article

Analyzing voting power in decentralized governance: who controls DAOs?

Robin Fritsch; Marino Müller; Roger Wattenhofer · arXiv:2204.01176 · 2022

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Type: Article
Author: Robin Fritsch; Marino Müller; Roger Wattenhofer
Accessed: 2026-09-01

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EstablishedOn 1 March 2022, 8 delegates in Compound, 11 in Uniswap and 18 in ENS together held a majority of delegated voting power; a 2023 study of 21 DAOs found fewer than 10 participants controlled a majority in 17 of them.