tokenweighted
Tokenweighted is a mechanism in which governance power, access rights, or economic rewards are allocated in proportion to a token's holdings or stake. In governance contexts, tokenweighted voting grants voters votes proportional to the number of tokens they hold or have staked at a reference time, rather than granting equal votes to all participants.
Implementation typically relies on on-chain or snapshot-based calculations. A snapshot block or timestamp is used to
Applications include decentralized autonomous organizations, protocol governance, and reward or access control mechanisms. Tokenweighted schemes can
Criticisms center on centralization risk from large holders, volatility of token prices, and governance capture. Other
See also: governance token, staking, DAO, token economics, quadratic voting, on-chain governance.