OlympusDAO - 20. The OHMies Voting Power.
What question wants??
Find the addresses that voted on governance proposal TP-11. Seperate the addresses by voting power. You may group addresses into different levels of voting powers. Present the data in a histogram.
Hint: The voting power is the sum of all OHM tokens (including sOHM, gOHM, etc) help by an address. One way to answer this bounty question would be to select the token balance of addresses using Flipside's 'ethereum.erc20_balances'. Addresses can then be grouped into different buckets based on voting power.
Approach:
In this essay, the voting power of wallets that contributed on governance proposal TP-11 has been evaluated based on their holding tokens.
For this purpose, the ethereum.erc20_balances table by Flipside has been used.
The token address of OHM, gOHM, sOHM and wsOHM have been used to find the voters and their exact voting power in USD.
To obtain the voting power of various voters, five buckets have been introduced by their USD value of holding as below:
- a. 0-100 USD as tiny voting power
- b. 100-500 USD as small voting power
- c. 500-1000 USD as medium voting power
- d. 1000-5000 USD as large voting power
- e. over 5000 USD as Huge voting power
The results below reveal the outcomes of this investigation and demonstrate the voting power of each defined bucket in USD.
After initializing assumptions on Approach section, the consequences of the proposed approach have been presented in this section.
Two type of graphs have been utilized to find the voting power of each bucket including, the pie-chart and scatter plot. According to these graphs, the following statements could be concluded:
- 47.2% of voters belong to the tiny bucket with less than 100 USD voting power and on scatter plot, the exact share of this bucket illustrated in proper manner.
- Only 3.9% of voters have more than 5000 USD voting power and their related circle in scatter plot verify this percentage.
- By increasing the voting power (in USD), the number of unique voters has been decreased, respectively.
- Only specific voters have great voting power (over 5000 USD) and most of the voters doesn't belong to these bucket.