HHI
A concentration index based on the squared share of each participant.
In plain language
The Herfindahl–Hirschman Index rises when participation is dominated by fewer large shares and falls when shares are more evenly distributed.
Why it matters
Squaring shares makes the measure particularly sensitive to dominant voters.
Real Vara examples
| Referendum | Governance | Execution | Direct addresses |
|---|---|---|---|
| #87 Validator Grant #1: Ray0xNodes Vara token holders approved a Gear Foundation-funded $18,000 grant supporting twelve Ray0xNodes validators for twelve months. | Executed | Dispatch succeeded | 20 |