What Is ‘Voter Apathy’ and Its Risk to DAO Security?
Voter apathy is the phenomenon where governance token holders, despite having the power, do not participate in voting on critical proposals. This poses a significant risk to DAO security because it lowers the required number of votes to pass a proposal, making the DAO vulnerable to a 'governance attack.' A malicious actor with a small but concentrated amount of tokens can exploit the low turnout to pass a self-serving or harmful proposal that would have otherwise been defeated by active participation.