Votes, Votes, Votes

    On average, how much voting power (in Luna) was used to vote 'YES' for governance proposals? Out of this, how much Luna comes from validators vs regular wallets?

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    Method

    • I used terra.gov_vote table for my analysis.
    • I considered Null VOTER_LABEL_SUBTYPE as regular voters (validators and contract deployers were labeled).
    • I filtered Yes votes by use of OPTION in ('VOTE_OPTION_YES', 'Yes')
    • I did my analysis on 4/23/2022

    In the below chart, you can find out how much vote power is used by different types of voters and different types of votes.

    • on average, 28M LUNA was used to vote 'YES' for each governance proposal.
    • 73.5% of yes vote power(1.82B) comes from regular wallets and 26.5%(657M) comes from validators.
    • In all months except January, yes vote power of regular wallets was more than validators.
    • the biggest yes vote power was in March 2021.