3min chapter

The Defiant - DeFi Podcast cover image

Ex SushiSwap CTOJoseph Delong on Why DAOs Fail

The Defiant - DeFi Podcast

CHAPTER

One Person, One Vote?

I think it might be. especially if they have less at stake, that might be tat b part of the problem of thou people who have very little at stake. I mean, token holders who have more tokens are more involved in the prodocal. And so there's an argument there that, well, maybe they should have a bigger say. Was like, in my interactions and dows, the people who are normally the large token holders, they aren't necessarily the teams. The teams generally aren't doing very well, which is another problem with dows. But thehe the largetoken holders are definitely consummate professionals. They are always like, i no venture firms, prop shops

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