Validator Voting vs. Investor Inclinations

    In this dashboard, we will analyze the last 5 governance proposals and see the distribution of voters between retail investors vs validators for the votes in favor.

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    First, let's take a look at the 5 of the most recent governance proposal. The following proposals has passed the quorum and pass threshold.

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    Graph below shows the address voting count for those 5 proposal. Prop ID 1092 has the highest voters despite the voting still live right now. All of these past 5 proposals has majority voting in favor of the proposals.

    Now let's take a look at users type of voters for those 5 proposals. On average, around 70 out of 130 active validators (~55%) has voted at all.

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    The summary of the past 5 proposals voting are visualized in Sankey Diagram below. We can see that most of the votes are in favor for these 5 proposals.

    And out of those votes, let's see the voters count who voted in favor of the proposal and see the voting power coming from validators and retail users addresses.

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    From the voting power graph, we can see that the voting power is very minuscule compared to voting power from validators. On average, validators carries over 99.8% of vote weight.

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    In conclusion, total voting power coming from delegators are quite large compared to retail users eventhough voting turnout from retails users are higher.