3min chapter

The Defiant - DeFi Podcast cover image

Ex SushiSwap CTOJoseph Delong on Why DAOs Fail

The Defiant - DeFi Podcast

CHAPTER

One Token, One Vote or Delegation?

Joseph discusses the current one token, one vote model and shares alternative governant systems. A major discussion in dou governents has revolved around token holder concentration. What we see now in web three is reminiscent of traditional models where we see on ipe pipe lines and private equity. Joseph: "The voting fatigue is very much real for dows"

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