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Navigating Crypto Governance: RFV and DeFi Dynamics
This chapter delves into the implications of Real Fucking Value's (RFV) activities in the crypto market, comparing them to traditional finance and exploring their approach to activist investing. It highlights the limitations of current DeFi governance structures and the potential for inequitable outcomes due to majority voting power. The discussion also considers the future of governance in decentralized organizations, advocating for improved mechanisms that could enhance allocative efficiency and support more complex financial functions.