A liquid democracy of topics with a hierarchy of delegates.
### Delegative
Vote influence can be delegated through a hierarchical trust network of specialized delegates.
To delegate is to entrust (a task or responsibility) to another person.
The delegate property enables the “liquid” feature of topic democracy.
Means that “influence” can easily (but still democratically) flow between accounts.
A delegation is not only the direct delegate, but also the indirect delegates, which easily can withdraw indirect influence.
Delegations can derive childs where a specific delegate can be found and that a default delegate might be used for sub democracies.
A hierarchy of delegations is defined as trust network.
### Vetoable
After a proposal is approved, a cancelation proposal can be approved to cancel the execution.
Even with advanced democratic properties on delegation, a last minute vote could cast undesirable execution by a cheaply bribed/forced superdelegate(s).
- Once a Vote proposal is accepted, anyone can vote in veto proposal.
- Veto process is a totally brand new Proposal, that if Approved causes the cancelation of execution proposal.
- Veto phase gives a second chance of canceling a pending execution proposal.
- To be executed a proposal needs to be Approved in “Vote” phase and rejected/ignored in “Veto” phase.
- Veto uses different delegation.
- Veto could have different voting and quorum rules.
### Extendable and customizable
Sub democracies can implement their own rules and become governed by the same trust network.
- New subsystems can be controlled by a new sub democracy.
- A sub democracy is a democracy which uses the same trust network.
- Aggregating new sub democracies to a trust network is permissionless.
- Common factor between sub/root democracies are the choose of same trust network.
- Completely customizable sub democracy
- Sub democracy use a child delegation with possible custom default delegate.
- Using a common trust network utilize user trusted actors to take decisions, without user having to configure it for each sub democracy
- Unrelated DAOs can reuse the same trust network at any specialization level to kickstart their delegations, even if they use totally different token/system.
### Ignores low user engagement
A default delegate address is defined, but anyone can change their delegate at anytime.
Default delegate can be defined as a kickstart curator, for taking actions to unclog approval of needed proposals.
Once most users are engaged with governance, the default delegate would become irrelevant for approval.
Once proven that Default Delegate is unnecessary, a removal can be proposed, or the change of it can be requested.
Sub democracies can set their own default delegate. The parent default delegation would came in priority over the child default delegate. If parent default delegate don’t claims non engaged users influence, child default delegate can claim it.
### Gasless voting
Absolutely free to vote, outsourcing the cost to the execution of proposal.
Anyone can be a volunteer to include merkle root of voters signatures in the proposals.
- A likely volunteer would be proponent, however it would only include approval votes.
- Volunteering voters could include their signed vote along other user’s vote.
- Voters should wait for volunteer merkle proof response and verify vote inclusion.
Gas intense operations are done in tabulation, using signatures and merkle proofs provided by volunteers or collected from whisper channels.
The tabulation extends the finalization block at every tabulation.
