Quadratic voting governance token for DAOs

If your goal is specifically avoiding plutocracy, the clearest current token-level example I found is MOONEY, the MoonDAO governance token.

• MOONEY / MoonDAO: MOONEY is locked into vMOONEY, and governance power is calculated as √(vMOONEY balance). So 100× as many locked tokens produces only 10× the voting power, substantially reducing whale dominance compared with 1-token-1-vote governance.www.moondao.com
• VOT3 / VeBetterDAO: VOT3 governance also uses square-root weighting: voting power = √(VOT3). Its documentation explicitly describes this as a way to reduce the disproportionate influence of large holders.docs.vebetterdao.org
• GTC / Gitcoin: Despite Gitcoin's strong association with quadratic voting, GTC's ordinary governance is currently 1-token-1-vote. Gitcoin has used token-weighted quadratic voting for specific Steward Council elections, but I wouldn't characterize GTC itself as a generally quadratic-governed token.manual.gitcoin.co
• RPL / Rocket Pool: The community proposed quadratic RPL voting through Snapshot, but the source I found describes this as a proposal rather than evidence that RPL governance is presently quadratic.dao.rocketpool.net

What I'd choose

For a DAO designing around anti-plutocracy, I'd look more closely at the governance architecture than simply buying a token. A square-root/token-weighted QV system is only one part of the solution. The big vulnerability is Sybil attacks: if voting power is based on addresses, a whale can potentially split its holdings across many wallets. Gitcoin explicitly identifies Sybil resistance as a critical issue, and Snapshot's QV design emphasizes the number of individual voters for this reason.support.gitcoin.co+1

So, among actual tokens I found:

MOONEY → strongest straightforward example of a token whose documented governance power is intrinsically quadratic.
VOT3 → another strong example, with explicit √-weighted governance.
GTC → excellent QV pedigree, but not currently quadratic for general DAO governance.

If you're building a new DAO, I'd actually recommend Snapshot + a square-root/quadratic strategy + strong Sybil resistance (e.g. proof-of-personhood/identity attestations) rather than selecting a token solely because it has “quadratic” governance.manual.gitcoin.co+2