Andreas Melhede pfp

Andreas Melhede

@amelhede

24 Following
73 Followers
Andreas Melhede pfp
Andreas Melhede
@amelhede
Maybe a problem with human cavemen behavior. Prioritizing short-term over longterm and being driven to gamble?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
1 Token Does NOT equal 1 Voice: Rethinking DAO Governance Everyone's raving about 1 token = 1 vote in DAOs, but hold on a sec! ✋
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Amazing let's connect! Will DM
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Andreas Melhede pfp
Andreas Melhede
@amelhede
What is the biggest reason why people in crypto don't realize how important getting the mainstream and consumers into the fold is critical?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
What is your favorite DeSci project you recently stumbled upon?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Any founders in the DeSci space? Would love to connect
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Andreas Melhede pfp
Andreas Melhede
@amelhede
What is the coolest project you have seen in DeSci recently, and why?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Hybrid Systems: Combine token ownership with reputation or skin-in-the-game mechanisms where one stakes tokens upon voting. This creates a balance between investment and community voice. Imagine a DAO where:
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Quadratic Voting: Allow people to "burn" tokens to amplify their vote. This empowers passionate individuals while preventing whales from buying dominance. Of course, we can also find a balance and utilize:
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Reputation-Based Voting: Reward active, engaged community members with more voting weight. Let the most knowledgeable voices guide the DAO! What else?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
3. Gaming the System: People might buy tons of tokens just to swing a vote, not because they believe in the project. GIF: (Not cool) Here are some options to fix DAO voting:
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Andreas Melhede pfp
Andreas Melhede
@amelhede
2. Short-Termism: Whales might prioritize immediate gains over long-term vision. This can hurt the DAO's growth and sustainability. And what about the integrity of the system?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
1. Whale Power: A few rich players control the outcome, stifling diverse voices. Say goodbye to true community participation. But that is only the first issue:
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Let's imagine a better future for DAOs! Here's why 1 token = 1 vote falls short:
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Andreas Melhede pfp
Andreas Melhede
@amelhede
What about whales with mountains of tokens, drowning out the voices of the passionate minority? This system can lead to votes where 30 people scream "NO!" but 3 whales with more tokens than the other 30 voters say "YES!" and... the whales win. Is that truly community-driven governance?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
1 Token Does NOT equal 1 Voice: Rethinking DAO Governance Everyone's raving about 1 token = 1 vote in DAOs, but hold on a sec! ✋
1 reply
1 recast
1 reaction
Andreas Melhede pfp
Andreas Melhede
@amelhede
Yesss! Fisher is greatt! Even though he actually doesn't produce his own songs haha
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Andreas Melhede pfp
Andreas Melhede
@amelhede
What about DeSci Summer?
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Andreas Melhede pfp
Andreas Melhede
@amelhede
LFG
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Andreas Melhede pfp
Andreas Melhede
@amelhede
Fantastic building new products and services with Cerebrum DAO! 🙌 Aligning short-term benefits is crucial for long-term science goals Everyone in DeSci should implement similar initiatives 🤝 https://snapshot.org/#/cerebrumdao.eth/proposal/0xa5a1d19588144a949e54833a249d30e98c248023de72f2d8a9336ec6b8721825
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