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.
Glossar
Low Participation
Apathy ⎊ A sustained pattern of low participation in governance votes signals voter apathy, which critically weakens the protocol's ability to react to market microstructure changes.
Dpos Model
Architecture ⎊ The Delegated Proof-of-Stake architecture formalizes governance by electing a fixed set of block producers based on staked capital, creating a specific centralization trade-off.
Dpos
Architecture ⎊ Delegated Proof-of-Stake (DPoS) is a consensus mechanism architecture that streamlines the block production process by employing a limited, elected set of delegates, often called Block Producers.