Vote-buying is indeed an interesting and complex topic, and due to its controversial nature, it must be openly discussed.
To directly respond to the question posed:
Although banning vote-buying entirely is challenging due to inevitable workarounds, the practice contradicts the Arbitrum DAO’s established code of conduct in some circumstances. Specifically, it conflicts with existing policies such as:
and
The ethical underpinning of these policies clearly aims to ensure fairness and impartiality in voting processes. Given this intent, we argue that vote-buying should be treated similarly to self-voting, particularly in elections. We propose explicitly updating our code of conduct to include rules around vote-buying, specifically:
- Delegates should avoid vote-buying if it creates a conflict of interest.
- Delegates engaged in vote-buying must not solely vote for themselves; votes should be evenly weighted among multiple candidates to reflect a fair and balanced election, as mentioned by JoJo:
This stance clearly signals that existing delegation rules apply equally to purchased votes, promoting transparency and fairness.
In the longer term, the fundamental issue may not be vote-buying itself but rather the disproportionate influence held by entities like LobbyFi, currently the largest delegate in the DAO with nearly 20M votes. As JoJo highlighted:
We strongly agree. Addressing vote-buying directly is necessary in the short term, but enhancing overall delegate engagement and voting power remains the sustainable long-term solution.