Read this info from LP: Storecoin governance institutes one entity, one vote, which prevents an adversary with a disproportionately large stake in the network asserting disproportionately large voting power. Any questions?
I think that the Know Your Voter process is too complicated to implement. The main problem is here: One entity, one vote mandates verified identities of all voters, which typically requires a centralized identity verifier to certify voter identities.