How it works

DAO Constitution

Dragon DAO Constitution will clarify some of the basic principles of DAO governance and the basic rights of the stakeholders, participants, and the general membership of the Dragon community. It will be initiated and drafted by the community, for the community. The community members will vote on its adoption as the principle of Dragon DAO. It's our constitution of Dragon Metaverse.

Quadratic Voting

The concept of Quadratic Voting (QV) comes from the 2018 book Radical Markets by Eric Posner, a Professor of Law at the University of Chicago, and Glen Weyl, senior principal researcher at Microsoft. It is a collective decision-making procedure that is a cross between one-dollar-one-vote and one-person-one-vote schemes. Voters are able to express not only their preferences but also the extent of their preferences through the allocation of votes. This type of voting solves the "free ride" problem and ensures that individual interests and the maximization of social welfare are aligned.

A QV system will be embedded into DAO governance in the future, to make collective decision-making more equitable for the public good.

Learn more: https://quadraticfinance.com/