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Twitter

WeiDAO: On-Chain Conviction Voting System Tied to WNS Name Commitments

2d ago· 1 min readen

Summary

WeiDAO is an on-chain governance system tied to WNS (Wrapped Name Service) names. Voting weight is determined by the ETH committed to a name (based on length-fee tier × prepaid time), so voting power reflects real contribution rather than headcount. The system uses conviction voting: support builds over time while weight is held and decays when withdrawn. A proposal passes when it crosses a threshold (weight sustained for one half-life) and executes after a short timelock. There are no deadlines and no "against" votes — opposition is expressed by withholding support or using a veto. The entire system is rendered on-chain.

Source

Twitter / XWeiDAO: On-Chain Conviction Voting System Tied to WNS Name Commitments0x00000007988a79d16cf76b5dc4cf54dc3af24936.w3eth.io

Key quotes

· 4 pulled
Back a proposal with a WNS name — its weight is the ETH you've committed to that name (length-fee tier × time paid ahead), so voting power tracks real contribution, not headcount.
Conviction builds while weight is held and decays when withdrawn; a proposal passes once it crosses the threshold (about the Pass bar of weight sustained for one half-life), then executes after a short timelock.
No deadlines and no 'against' — withhold support or veto to oppose.
Rendered entirely on-chain.
Snippet from the RSS feed
Back a proposal with a WNS name — its weight is the ETH you've committed to that name (length-fee tier × time paid ahead), so voting power tracks real contribution, not headcount. Conviction builds while weight is held and decays when withdrawn; a proposa

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