Quadratic voting (QV) is a voting mechanism designed to aggregate preferences more effectively in situations where individuals have varying levels of interest in an issue. Unlike traditional voting methods, where each voter typically gets one vote per issue, quadratic voting allows individuals to express the intensity of their preferences by allocating votes in a way that reflects how strongly they feel about an issue. In quadratic voting, individuals can buy multiple votes for a particular option, but the cost of the votes increases quadratically.
New to topics? Read the docs here!