How Does the DPoS Model Attempt to Solve the Low Participation Problem in Governance?
DPoS solves low participation by allowing token holders to delegate their voting power to a smaller, more active set of elected delegates (or validators). This reduces the burden of participation for the average holder, who only needs to choose a delegate.
The delegates are financially incentivized to be active and informed, leading to a more streamlined and efficient governance process with higher engagement rates.