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Blockchain Basics
1. What is a key disadvantage of token-based governance in DAOs?
A. It’s too complicated to implement
B. It often leads to whale dominance and centralization of power
C. It doesn't allow any form of voting
D. It uses outdated blockchain technology
2. Which governance model rewards contributors based on merit rather than token holdings?
A. Reputation-based governance
B. Delegated governance
C. Hybrid governance
D. Token-weighted governance
3. What best describes how quadratic voting works in a DAO?
A. One wallet gets one vote, regardless of tokens
B. Voting power increases with the square root of tokens used
C. Voting is done off-chain using zero knowledge proofs
D. Token holders select delegates to vote on their behalf
Blockchain Basics
4. Which platform allows for gasless, off-chain voting using wallet signatures?
A. Tally
B. Snapshot
C. Governor Bravo
D. Aragon Court
5. What makes Optimism’s DAO governance unique?
A. It uses only one-token-one-vote
B. All proposals are voted on anonymously
C. It has a bicameral system with Token House and Citizens' House
D. All decisions are made by Layer 1 Ethereum validators