VOTING IS BROKEN
the rich always win.
it's not perfect, but a crypto-native solution is quadratic voting. People that care more can vote multiple times, however each additional vote costs quadratically more. This prevents whales from cheaply dominating.
sooo who's using Quadratic Voting?
It's popular in DAO governance, public good grants, hackathons. Popular apps like @gitcoin and Ocant use variations of this.
- @OctantApp uses QV and quadratic funding to boost donations. GLM stakers can donate their staking yields to chosen projects (like me!!) and @ethereumfndn will use quadratic funding to match up to 100x
Your 0.007 ETH donation could mean 0.7 ETH. Easiest 100x.
who's realllly using quadratic voting?
pulling from coingecko, debank, etherscan, GLM stakers are made up of
1. DeFi Yield Farmers (40-50%)
Portfolio diversification across multiple protocols
Typically hold 500-5000 GLM tokens
Active in governance and allocation decisions
2. Ethereum Ecosystem Believers (25-30%)
Long-term ETH holders who support public goods
Participate in Gitcoin, Octant, and similar platforms
Often developers or crypto-native professionals
Hold 1000-10000+ GLM tokens
3. Public Goods Advocates (15-20%)
Mission-driven users supporting open-source projects
Active in DAO governance and community decisions
Prefer donating rewards to projects over keeping them
Typically smaller holders (100-1,000 GLM)
4. Institutional/Whale Stakers (5-10%)
Large holders with 50,000+ GLM tokens
Focus on maximizing ETH yield generation
Less active in governance, more yield-focused
Often use automated strategies
In terms of behaviour, you can see that the average stake is 2000-5000 GLM, with many participating in multiple epochs.
Why am I talking about Quadratic Voting?
I make shorts about crypto to help onboard the masses, educate next gen, and make crypto less intimidating. I was selected out of hundreds of applicants for Octants Epoch 9 and I am looking for your support! If you think we need more educational crypto videos, help vote for ETH IN A MINUTE on Octant by 'saving this project'
How to allocate staking rewards to Octant projects
1. Save project(s)
2. Select % of rewards to allocate
3. Open shopping cart
4. Confirm
Check out the full list of Octant projects, everyone is incredibly talented and building the future of Ethereum in some way!

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