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Incentivizing Contrarianism — David Phelps

Building At The Edges

CHAPTER

The Importance of Preferences in Governance

On-chain voting is very focused on the outcome that will drive a transaction on chain. But there's some legibility we can bring to this process that benefits from some of the certainty that an on-chain vote has, right? Some people are very strongly indicating the preferences as opposed to forums where there's sort of like a messy evolution and actually quite a high burden for people to follow those standards. And so you're almost suggesting here's this place for us to go and let's do this offline, off-chain collaboration. Let's create a space where we can have multiple different options sort of emerge. You probably will result in a higher sort of participation in governance, higher conviction around

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