On the Modularization of Decentralized Governance

Apr 14, 2021 | The Block News | 0 comments

on-the-modularization-of-decentralized-governance

Quick Take

  • Decision-making in crypto protocols has primarily been done via democratic token voting (with the added ability to delegate to others).
  • Voter apathy and a large concentration of tokens lead to a handful (or even a single) voters being able to push decisions through unilaterally.
  • For functions that are not automatable, protocols are moving towards dedicated teams/committees that are responsible for specific functions. Tooling is being built with that in mind.

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

News Source from TheBlockCrypto.com

Related Articles

Standard Custody takes new route to ‘qualified custodian’ status

Standard Custody takes new route to ‘qualified custodian’ status

Standard Custody received its license to operate as a New York state-chartered trust on May 4, and it's already making a play to gate-crash the institutional custody space. Just days after its licensing, the firm announced the close of a $53 million Series B round for...

Pin It on Pinterest

Share This