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25 - YFI: Farming the Farmers | Andre Cronje

Bankless

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Challenges in Decentralized Governance

This chapter highlights the speaker's frustrations with a failed proposal affecting smart contracts within the Yearn Finance community. It addresses the challenges of decision-making amid knowledge gaps among participants and the dynamics of token governance. The discussion underscores the importance of balancing immediate community needs with the long-term vision of decentralized protocols while acknowledging the risks inherent in DeFi investments.

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