The Governance of Decentralized Autonomous Organizations: A Study of Contributors' Influence, Networks, and Shifts in Voting Power. (arXiv:2309.14232v2 [cs.SI] CROSS LISTED)

We present a study analyzing the voting behavior of contributors, or vested
users, in Decentralized Autonomous Organizations (DAOs). We evaluate their
involvement in decision-making processes, discovering that in at least 7.54% of
all DAOs, contributors, on average, held the necessary majority to control
governance decisions. Furthermore, contributors have singularly decided at
least one proposal in 20.41% of DAOs. Notably, contributors tend to be
centrally positioned within the DAO governance ecosystem, suggesting the
presence of inner power circles. Additionally, we observed …

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