rebranding collusion and bribery as "lobbying" reinforces plutocracy, reducing governance to a market mechanism.

this is why we’re building @enclavee3: secret ballots and encrypted execution environments are critical countermeasures against exploitation of governance systems.

Re-upping my article from 2021 addressing this, and some possible solutions:

https://t.co/Cvl7CFUIDE

@_futarchy is one example of category 3 (skin in the game for governance). There's still a bribeable governance layer for the utility function, but at least it's more indirect… https://t.co/n73iVouuyF

1/10 🧵 A new protocol (@lobbyfinance) is gaining significant vote weight in the @Arbitrum DAO and several others.

Their pitch: Earn yield on your governance tokens by delegating auctioning off your vote weight to the highest bidder.

Auryn -- will be at ETHDenver

A protocol for Encrypted Execution Environments

rebranding collusion and bribery as "lobbying" reinforces plutocracy, reducing governance to a market mechanism.

this is why we’re building @enclavee3: secret ballots and encrypted execution environments are critical countermeasures against exploitation of governance systems. https://x.com/auryn_macmillan/status/1884069342947729773