My governance proposal 

Feel free to interject, here are my thoughts. It's a living document, and open to critique. I'm trying to provide solutions, instead of complaining about a problem. 

QUADRATIC VOTING . 

-square the number of votes you'd like to submit to find out how many DOT that vote requires your account to possess in order to vote. 
For example: 
1 vote requires 1 DOT. 
5 votes requires 25 DOT. 
9 votes requires 81 DOT. 
And so on.... 

To prevent a sybil attack, I propose accounts with less than 256 DOT (close enough to the staking minimum) must pay 0.5 DOT as a gas fee to vote. This encourages whales to not spread their millions of DOT across millions of accounts to hedge their loss of voting power. 

NON-TRANSFERRABLE REPUTATION TOKENS .

Named 'HONOR' tokens from here on out

-Attached to your network address. 
-When the account is reaped, the reputation tokens are burned. 
-They are non transferable.
-Honor tokens can be lost via consensus as a mechanism to protect the network from account compromise. 
-Anyone can earn Honor token. 

Honor tokens would serve as a decentralized method to build a reputation and trust for benevolent actors.

SENATE

Synonymous with delegation. 
Those with the most honor token have option but not obligation to accept an invitation to become a senator, if nominated. 

-senators are nominated via community voting.
-senators are the only ones that can submit referenda.

-senators are the only ones who can vote for referenda.

-senators must stake enough DOT to earn rewards on the network.

-senators earn bonus DOT for voting on referenda. 

-senators lose honor for not voting. 

-senators can be slashed for malicious intent against the network. This is voted upon by the community. 

-when honor token is below a threshold, the senator is removed from the senate.


Now, you have to, the floor. Thanks for looking.


########EDIT##########
Thanks for the feedback!
So far I see no criticism of the Quadratic voting mechanism with a sybil tax. If this remains the case for a few more days, I'll drop that idea on polkassembly for more discussion. Thanks, team! We can't do it alone! Thanks for the effort! 


- **Problem Statement:** Implementing quadratic voting, non-transferrable reputation tokens, and a Senate system in governance to address issues of voting power distribution and network security in the Polkadot ecosystem.
- **Significance:** Enhancing voting fairness, preventing sybil attacks, and promoting trust among network participants.
- **Proposed Solution:** Quadratic voting based on DOT holdings, non-transferrable 'HONOR' tokens tied to network addresses, and a Senate system for delegation and decision-making.
- **Expected Outcomes:** Improved voting integrity, reduced manipulation risks, and increased community engagement in governance.

#2426 My governance proposal

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