Author(s): @tjain-mcc, Shayon Sengupta
Start Date: 2021-04-19
Category: Governance (AKA Meta)
Initial PR: #182
Tracking Issue: this
Status: In Discussion
Discord channel: #hip-31-governance-by-token-burn on https://discord.gg/helium

Rendered view:

https://github.com/helium/HIP/blob/master/0031-governance-by-token-lock.md

Summary:

We propose a new governance system where voters must burn their HNT in order to vote. This system helps encourage consensus building because contentious votes are more expensive than landslides. It also imposes a significant cost on any large holder which tries to control governance, leading to less oligarchic governance outcomes.