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BPetes
@bpetes.eth
Permissionless exit/sale (or rage quit) is now my bar for DAOs I’m willing to trust with significant value or energy. I have no problem with time locks, but I’ve got a serious hangover from the snapshot/multisig era of DAOs this morning.
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Trigs
@trigs
Yes! This is exactly my answer when ppl ask me what is required to be a DAO, or what makes it a DAO. Permissionless exit is an essential part of the formula. Doesn't have to be live at first, but it does need to be live by the time you're asking for significant investment.
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TommyJo
@tommyjo.eth
Love this. For situations where rage quit is hard (e.g illiquid treasury assets) is there other exit alternatives you'd accept as well
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Spencer Graham 🧢
@spengrah.eth
amen
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Wasabi 🥥🌴
@wasabi
No ragequit? Then it is just a web3 startup.
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Trigs
@trigs
Overlooked truth of DAOs 100 $daos
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Rowan Yeoman
@ro
Yes! People being able to permissionlessly move from low value to high value engagement needs to be a primary source of network/system intelligence. When people are incentivised/coerced into staying in low value engagements we are just recreating that the low quality coordination patterns we are attempting to escape.
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Rolf Hoefer
@rolfhoefer
Ragequit is perhaps the greatest feature of DAOs compared to traditional organizations today.
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