Leo
@leohenkels
Hey everyone, please don't crucify me, but I published a long-form piece about governance and used $ZORA as an example. I don't necessarily agree with the model, and I published a critique about it. I think about governance a lot, and have for the past 3 years while I've been @midao. I'm not an expert, but I care deeply about this stuff and I just wanted to get my thoughts about governance out there in a blog post. Feel free to roast me or ask any questions below.
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Leo
@leohenkels
Special thanks to @gramajo.eth for reviewing
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Jack Dishman
@dish
hard agree /someone-build > Industry would greatly benefit from a crypto-native rating agency like Moody's that can assess protocol risks and project tokenomics. Trust gap is a key barrier to growth
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Erik
@eriks
this was a great read - it makes me think about how/if equities (public and private) themselves are a better form of ownership, and getting equities onchain sooner rather than later would be beneficial as a way to show how value could accrue and governance could be handled equities benefit from global liquidity onchain too, and while i think it’s unique what some onchain app or protocol tokens do today in terms of rewarding users, there’s nothing to say equities couldn’t make that same leap once they have better user data, while still leading in terms of value accrual and governance
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Kieran Daniels
@kdaniels.eth
There isn’t going to be anything to govern / wasn’t ever really anything in the first place. Unneeded chain Fragmented payment structure No moat A better version of Zora that understands features and incentive structures will prevail in the end
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ted (not lasso)
@ted
i love when people think deeply about things; can’t wait to read
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