- Sunny Lu proposes a quadratic voting system for fairer governance at VeBetterDAO.
- Off-chain data integration will enhance decision-making accuracy in VeBetterDAO.
- The reforms aim to counteract centralization and improve long-term sustainability.
Sunny Lu, the creator and CEO of VeChain as well as the architect of VeBetterDAO, is leading a major governance reform for VeBetterDAO.
Lu’s plan intends to implement a quadratic voting system to ensure fair participation in governance. This method will empower smaller stakeholders by providing them more input in decision-making, countering the concentration of power among bigger players.
Integration of Off-Chain Data
The concept includes the incorporation of off-chain data sources into the DAO’s governance system. The method aims to improve the accuracy and relevance of governance choices by incorporating real-world data.
Lu believes that this integration will improve the DAO’s decision-making process and adaptability to external factors, which is crucial for the DAO’s long-term viability.
Sunny Lu’s Vision
Sunny Lu’s proposal represents his firm belief in Web3, blockchain technology, and the DAO model. Lu, a daily user of VeBetterDAO and its linked X2Earn DApps, is deeply committed to addressing the issues of the present global sustainability rollout. He believes that VeBetterDAO is well-positioned to address these challenges upfront, and that the proposed governance reforms would be critical in attaining this goal.
Sunny Lu’s suggested governance developments have the potential to transform VeBetterDAO’s governance model, making it more equitable and responsive to its community. The vote on this proposal will define VeBetterDAO’s future path and may establish a precedent for decentralized governance.
