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rafa pfp
One of the main design criteria for DAOs is that their governance must lead to divergence in powers. If the design is convergent — for example continuous accumulation of power by specific parties —, eventually this means stagnation and then death.
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What are the goals of said DAO in this case? And on what time horizon are you thinking? Theoretically I agree, but I’m having a hard time coming up with examples where this has actually played out. Feels like founder-led publicly traded co’s tell a different story?
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