Ethereum

This case is, unfortunately, just one of many.

Anyone who spent at least an hour reading through forums knows that on-chain gov is mostly a miserable place to be in.

But this also means that smart teams building low-overhead protocols will have an insane edge in the next bull mkt

This case is, unfortunately, just one of many.

Anyone who spent at least an hour reading through forums knows that on-chain gov is mostly a miserable place to be in.

But this also means that smart teams building low-overhead protocols will have an insane edge in the next bull mkt

https://tokenbrice.xyz/farewell-glc/

Couldn’t agree more. Great writeup.

Sad truth - nothing of this is news.

Whoever followed curve, Defi or Optimism projects & governance knows what a mess it is with 5 layers of tokens/incentives, giving governance rights to third party projects and protocol politicians. 

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Ah, thought this was posted by @tokenbrice.

Thanks for sharing anyways!