Weighted Voting

Each user can spread their voting power across any number of choices, from one to all. Their voting power will be divided between their chosen options according to how much weight they attribute to each option by increasing or decreasing the voting power fraction.

Let's look at the calculation in this example:

Let's consider there are 3 voters and their VP (voting power):

  • John has 100 VP

  • Mary has 50 VP

  • Dave has 20 VP

Suppose they cast their votes on a proposal featuring four choices, A, B, C, and D. Two of the choices have an associated incentive:

  • Option A has a 100 USDT incentive

  • Option B has a 60 USDT incentive

Here's where voters cast their votes:

  • John has a total of 100 VP allocated to these options:

    • 25% of 100 on Option A; that is, 25 VP

    • 25% of 100 on Option B; that is, 25 VP

    • 25% of 100 on Option C; that is, 25 VP

    • 25% of 100 on Option D; that is, 25 VP

  • Mary has a total of 50 VP allocated to these options:

    • 50% of 50 on Option A; that is, 25 VP

    • 50% of 50 on Option B; that is, 25 VP

  • Dave has a total of 20 VP allocated to these options:

    • 50% of 20 on Option A; that is, 10 VP

    • 50% of 20 on Option B; that is, 10 VP

In summary, there is a cumulative voting power of 60 VP in favor of option A, while there is a total of 60 VP in favor of option B. In addition, there are total of 25 VP on option C and 25 VP on option D. Now, let's analyze the influence of their voting power on the choices by calculating the percentage.

  • John has a 41.67% influence on option A

  • Mary has a 41.67% influence on option A

  • Dave has a 16.67% influence on option A

Whereas on option B,

  • John has a 41.67% influence on option B

  • Mary has a 41.67% influence on option B

  • Dave has a 16.67% influence on option B

Since options C and D don't offer any rewards, we won't calculate how much they affect the voting outcome.

The incentive amount assigned to a particular choice is distributed to voters in proportion to the percentage of their influence. Referencing the provided data, the following indicates the USDT incentives each voter will receive:

  • John will receive 41.67 USDT on option A and 25 USDT on option B

  • Mary will receive 41.67 USDT on option A and 25 USDT on option B

  • Dave will receive 16.67 USDT on option A and 10 USDT on option B

The calculation of rewards is determined by the number of voters in proportion to the voting power held by each participant. However, voting power may vary on the voting type used in a proposal. To know more about Weighted Voting, check out Snapshot docs 👉 https://docs.snapshot.org/user-guides/proposals/voting-types#weighted-voting

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