Insights and Learnings on DAO Delegates Activity
summary
Karma.xyz indexes governance across ~50 DAOs, a few hundred thousand delegates and millions of votes and finds 55% ghost delegates who never vote and roughly 50–60% of voting power unused. Redelegation is near zero—mainnet gas costs block movement while Optimism shows better activity. Contrarian votes almost never surface and larger delegates have very low contrarian indexes. Built outputs include a delegate dashboard, a Global onchain delegate registry (Optimism-funded), and a reputation system in progress.
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chapters (9)
- 0:00Intro
- 1:18What is Karma
- 2:35Why should you care
- 3:15Context
- 5:10Metrics
- 6:15Voting Power
- 8:14Red Delegate
- 12:03Product Improvement
- 15:38Outro
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