Aave Voting Power
1. Introduction
The Aave Protocol relies on community governance to effect changes and improvements in the protocol. Anyone with access to $AAVE tokens can participate in governance voting processes. However, one has to delegate tokens to self or to another party in order to partake in the voting process.
This dashboard identifies the top 10 addresses by delegated voting power. A few assumptions were made to arrive at the solution, and they are:
- All voting power is delegated (including self-delegations).
- Votes on Aave Proposal 38 was the basis of the investigation. Proposal 38 was chosen because it is the latest proposal to be accepted and queued for implementation.
Voting power, as the name suggests, is a figure that represents the power inferred by an amount of $AAVE tokens on a user to cast votes on Aave governance issues. The table below shows the top 10 addresses by voting power based on Proposal 38 which was passed in late September 2021 and queued for implementation.