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README.md
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README.md
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# Aragon_Conviction_Voting
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[Conviction Voting](https://medium.com/commonsstack/conviction-voting-a-novel-continuous-decision-making-alternative-to-governance-62e215ad2b3d) is a novel decision making process used to estimate real-time collective preference in a distributed work proposal system. Voters continuously express their preference by staking tokens in favor of proposals they would like to see approved, with the conviction (i.e. weight) of their vote growing over time. Collective conviction accumulates until it reaches a set threshold specified by a proposal according to the amount of funds requested, at which point it passes and funds are released so work may begin. Conviction voting improves on discrete voting processes by allowing participants to vote at any time, and eliminates the need for consensus on each proposal. This eliminates the governance bottleneck of large distributed communities, where a quorum of participants is required to vote on every proposal.
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[Conviction Voting](https://medium.com/commonsstack/conviction-voting-a-novel-continuous-decision-making-alternative-to-governance-62e215ad2b3d) is a novel decision making process used to estimate real-time collective preference in a distributed work proposal system. Voters continuously express their preference by staking tokens in support of proposals they would like to see approved, with the conviction (i.e. weight) of their vote growing over time. Collective conviction accumulates until it reaches a set threshold specified by a proposal according to the amount of funds requested, at which point it passes and funds are released so work may begin. Conviction voting improves on discrete voting processes by allowing participants to vote at any time, and eliminates the need for consensus on each proposal. This eliminates the governance bottleneck of large distributed communities, where a quorum of participants is required to vote on every proposal.
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## Simulations
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* [V1 - Initial model](models/v1/Aragon_Conviction_Voting_Model.ipynb)
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* [V2 - Full complexity model](models/v2/Aragon_Conviction_Voting_Model.ipynb)
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* [V3 - 1Hive model](models/v3/Aragon_Conviction_Voting_Model.ipynb)
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* [V1 - Initial model](https://nbviewer.jupyter.org/github/BlockScience/Aragon_Conviction_Voting/blob/master/models/v1/Aragon_Conviction_Voting_Model.ipynb)
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* [V2 - Full complexity model](https://nbviewer.jupyter.org/github/BlockScience/Aragon_Conviction_Voting/blob/master/models/v2/Aragon_Conviction_Voting_Model.ipynb)
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* [V3 - 1Hive model](https://nbviewer.jupyter.org/github/BlockScience/Aragon_Conviction_Voting/blob/master/models/v3/Aragon_Conviction_Voting_Model.ipynb)
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## Current CV Deployments
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### 1Hive
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The [1Hive](https://www.1hive.org) community has been actively developing Conviction Voting contracts in collaboration with BlockScience and the Commons Stack since early 2019. They currently have a DAO live on the xDAI network at [1hive.org](https://www.1hive.org) that uses a native governance token (Honey) to allocate funds to proposals via Conviction Voting.
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To see Conviction Voting deployed in smart contracts with a basic user interface, check out the [1Hive Github](https://github.com/1Hive/conviction-voting-app).
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### Commons Simulator
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The [Commons Stack](https://www.commonsstack.org) has been working on a 'Commons Simulator' to facilitate user understanding of these novel governance tools. Progress on Conviction Voting can be viewed in [the Commons Stack Github repo](https://github.com/commons-stack/coodcad/tree/bigrewrite).
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## Background information & concepts addressed
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@ -27,7 +37,7 @@ As our governance toolkits continue to expand with novel tools like Conviction V
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Conviction Voting offers us new insight into the collective intent of our communities. It offers us a richer signal of the emergent and dynamic preferences of a group, such that we can better understand and discuss important issues as communities. It eliminates attack vectors of ad hoc voting such as last minute vote swings, and reduces user friction by not requiring set times to cast a vote.
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### Conviction voting Algorithm
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Conviction voting is based on a linear system akin to a capacitor which "charges up" dynamically and proposals pass when a certain level of collective energy is reached. The details are explained and demonstrated throughout this repo but the best place to start is [Algorithm_Overview](algorithm_overview.md). For more details on the charging up mechanics and the parameter $\alpha$ see [Alpha Parameter Explainer](models/v3/Deriving_Alpha.ipynb) and for more details on the trigger function see [Trigger Function Explainer](models/v3/Trigger_Function_Explanation.ipynb).
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Conviction voting is based on a linear system akin to a capacitor which "charges up" dynamically and proposals pass when a certain level of collective energy is reached. The details are explained and demonstrated throughout this repo but the best place to start is [Algorithm_Overview](algorithm_overview.md). For more details on the charging up mechanics and the parameter $\alpha$ see [Alpha Parameter Explainer](https://nbviewer.jupyter.org/github/BlockScience/Aragon_Conviction_Voting/blob/master/models/v3/Deriving_Alpha.ipynb) and for more details on the trigger function see [Trigger Function Explainer](https://nbviewer.jupyter.org/github/BlockScience/Aragon_Conviction_Voting/blob/master/models/v3/Trigger_Function_Explanation.ipynb).
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### What is cadCAD?
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cadCAD (complex adaptive dynamics Computer-Aided Design) is a python based modeling framework for research, validation, and Computer Aided Design of complex systems. Given a model of a complex system, cadCAD can simulate the impact that a set of actions might have on it. This helps users make informed, rigorously tested decisions on how best to modify or interact with the system in order to achieve their goals. cadCAD supports different system modeling approaches and can be easily integrated with common empirical data science workflows. Monte Carlo methods, A/B testing and parameter sweeping features are natively supported and optimized for.
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