Addressing Low Participation Rates in AAVE Governance

The Dspyt team has launched an initiative to raise low participation in AAVE on-chain governance, which the article says stagnates at 2.4% of token holders, as reported by Messari. The article says most DAOs reach at most 40% participation and cites Karma's figure that ghost delegates make up an average of 53% of all delegates. Dspyt plans to analyze Aave, Karma, Tally and Snapshot data, reach inactive users, and publish educational content on Twitter and dspyt.com. The article also states that AAVE responded it does not currently fund projects in this area, citing the wealth of existing online resources.