论文标题
选民联盟和民主分散财务：Makerdao的证据
Voter Coalitions and democracy in Decentralized Finance: Evidence from MakerDAO
论文作者
论文摘要
分散的自治组织（DAO）通过区块链提供了分散的治理解决方案，决策过程依赖于链上的投票，并遵循多数派规则。本文着重于Makerdao，在将集群算法应用于投票历史之后，我们发现了三个选民联盟。占主导地位的选民联盟的出现是道路的治理集中化的信号，选民联盟对制造商协议的影响复杂，该协议受马克尔多管辖。本文介绍了道中多功能民主的经验证据，并进一步促进了当代辩论，就是否有可能分散治理是可能的。
Decentralized Autonomous Organization (DAO) provides a decentralized governance solution through blockchain, where decision-making process relies on on-chain voting and follows majority rule. This paper focuses on MakerDAO, and we find three voter coalitions after applying clustering algorithm to voting history. The emergence of a dominant voter coalition is a signal of governance centralization in DAO, and voter coalitions have complicated influence on Maker protocol, which is governed by MakerDAO. This paper presents empirical evidence of multicoalition democracy in DAO and further contributes to the contemporary debate on whether decentralized governance is possible.
