Strategies

Influence supports various contracts, token standards and chains. Implemented different calculating methods called strategies help to handle such diversity and cover most user needs.

Strategies used in the app are built out of params. Those 6 of them (listed in the next section) create 6 basic strategies:

Strategy	Base	Voting	Power Calculating
Token weighted quadratic voting	token-based	quadratic	not-aggregated
Token weighted binary voting	token-based	binary	not-aggregated
Quadratic voting	nft-based	quadratic	not-aggregated
Binary voting	nft-based	binary	not-aggregated
Aggregated quadratic voting	nft-based	quadratic	aggregated
Aggregated binary voting	nft-based	binary	aggregated

Any other strategies are custom and require a separate approach to meet even the highest user requirements.

Main params

1. Base:

   • token-based

     takes user balance of ERC20 token and grants voting power based on that amount

   • nft-based

     grants voting power to those who own the expected NFT in their wallets

2. Voting method:

   • binary

     allows voting with the whole voting power at once on only one choice

   • quadratic

     allows voting on multiple choices while keeping the rule of quadratic voting at the same time (if you’re not familiar with the idea, check it out >here<)

3. Vote power calculating method:

   • aggregated

     it allows voting per wallet, meaning the user might vote only once, using concatenated assets at once

   • not-aggregated

     it allows voting per NFT ID, meaning each identity might vote differently