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Governance is value capture by the minority, juxtaposed to DeFi values, and borderline abusive of the asymmetric info between the governance members and other stakeholders like token holders or LPs. Great post by @tokenbrice https://tokenbrice.xyz/farewell-glc/
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We need a new financial system and DeFi is a great new experiment for this. New primitives, unique financial instruments, etc. DAOs are trying to innovate on corporate structure and governance, exactly how so?
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