A voting system is a method for collecting and aggregating participants’ preferences into a collective decision, used in governance, elections, and on-chain protocols.
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- Voting systems define who may vote, how votes are weighted, and how they are tallied into an outcome. Variants include simple majority, supermajority thresholds, and weighted schemes such as token-weighted voting in blockchain governance.
- In decentralised governance, voting often uses governance tokens, where voting power is proportional to holdings, and may include delegation so token holders can assign their votes to representatives.