COO of ENS on DAOs:

CN
2 hours ago

COO of ENS on DAOs:

- Token-weighted governance is decentralization theatre.

- Running a team and allocating capital by popular vote is too slow and too easy to capture

- 'Circular funding influence':

Token-weighted allocation is vulnerable to self-dealing insiders and token-holding delegates who defend the paid status quo.

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She really knows what she is saying.

Not bullshitting her words.


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