polynya
@polynya
Today, almost all DAOs are dystopically centralized - with a few whales effectively controlling them, decentralization theater aside. This is fine for a business, but unacceptable for communities. So, how can DAOs evolve to be less plutocratic? https://polynya.mirror.xyz/AJ89iCtY_fQ6KG1vBvzgyQhXAeNtNTwhzdLqqR7asA8
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eric siu 🐈
@randomishwalk
is there a specific solution or mechanism you are advocating for? i think you are accurately identifying the issue — cooperatives, like communes, are difficult to operate at scale but, what do?
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s3unha
@ho
multistakeholder governance would be another model that could work that's not based on the cooperative model https://mirror.xyz/mangrove%F0%9F%8C%B3.eth/-eGbYZ1lyuUDjg8cacNgTdP2X3xjduGxFCHdo66fM2w
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Mike | Abundance
@abundance
At the moment decentralized attestations are at best poorly thought out and easily gameable, but I have no doubt that this is the solution that has the best potential to scale for DAO communities
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altyni
@ethmag
There is a vast literature on empowering shareholder minority groups (akin quadratic voting), don’t you think veto power can be easily abused?
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sluuurper.eth
@sluuurper
If a DAO tokens’ price is tied with its decentralization than free-market will handle it. Otherwise no need to try, it will just centralize over time. DAO are only make sense if there price is strictly tied to decentralization.
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Mialalala ⌐◨-◨
@mialalala
This is a matter of human nature and this is the same in any financial market. Whales may potentially control the scene but it's about finding a balance. If the future development of the DAO doesn't align with expectations, you leave, much like when a project doesn't match your investment logic.
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Paradigme 🎩
@paradigme
Paraswap is probably one of the worst
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accountless
@accountless.eth
“Lastly, I’ll also mention User rights, a third group that’s definitely worth empowering.” 👀
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