Voting Activity

Q1. The Lil Nouns DAO is controlled via onchain voting by token holders. Using the ethereum database, analyze voting activity on Lil Nouns proposals. Since voting is on chain and costs gas, are smaller holders excluded from the voting process? Visualize and analyze this question, along with any other trends you find that are relevant.

What is the nouns Dao?

The Nouns DAO is the main governing body of Nouns and runs on a fork of Compound Governance. The Nouns DAO treasury receives all of the ETH proceeds attained from the daily noun auctions. Nouns can vote on proposals or delegate their voting power to a third party.

1.DAO = Decentralized Autonomous Organization. Many crypto projects are governed this way which entails token holders having a vote on how platforms operate. It is the decentralized alternative to companies.
2.NFT = Non Fungible Token. NFTs are tokens but they are not the same as any other NFT. Bitcoin, for example, is a fungible token. Every Bitcoin is the same as every other Bitcoin.
3.Since 100% of auction revenue is deposited into the Treasury, every 10th Noun for the first five years will be gifted to the founders (Nounders).

Total voter

According to the result below, there were 438 voters in total.

Total votes per day

The chart below shows the total daily votes over the last month.

According to the chart:

The highest number of votes was on May 22nd with 36 votes.
There were not any votes on June 4th and June 18th.
There was only one vote on June 1st.

Daily Gas paid in Ethereum

The chart below shows the total daily GAS paid in Ethereum.