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.

Governance Public Utilities for @zksync at @thezknation

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?