The Defiant - DeFi Podcast cover image

How Blockchains and Tokens Are Powering the Next Internet Revolution

The Defiant - DeFi Podcast

CHAPTER

Benefits and Risks of Token Votes in Governance Systems

The chapter delves into the advantages of token votes for transparent and democratic decision-making in governance systems, contrasting them with centralized approaches. It also raises concerns about the potential risks of decentralized applications gaining excessive power and monopolizing networks, likening them to corporate entities.

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