2min chapter

The Defiant - DeFi Podcast cover image

Ethereum Name Service: Nick Johnson's Journey from Google to Ethereum, ENS Roadmap, and Cancel Culture

The Defiant - DeFi Podcast

CHAPTER

The Economic Model of the Governance Token

The governance token model is very straightforward. All of the registration fees go directly into a wallet controlled by the Dow. Fees are deposited straight into the Dow's wallet and it can only be withdrawn via an on-chain governance decision. There has been discussion around ways that we can continue to get high participation in governance because there's this natural drop off as people move on.

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