Conviction 101
Conviction Voting is a disputable, time-weighted voting mechanism where proposal support grows in strength the longer it's allocated (and shrinks over time if support is removed).
It encourages ongoing participation, favoring consistent, long-term ideas and contributors, and it protects communities from short-term manipulation and abuse.
The mechanism was first conceived by BlockScience in 2019: https://github.com/BlockScience/conviction
Terms to Know
Support: the total voting weight allocated to a proposal.
Conviction: accumulates over time based on both the level of support on a proposal and the duration defined by the Conviction Growth parameter.
Parameters: functions that can be customized in a Pool that determine how conviction and threshold are calculated.
Threshold: in a Funding Pool, the level of conviction where funding can be executed
Pool: A Conviction Voting module in a Community.
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