Ethereum

Wondering if token governance should only be used a veto, nothing more.

Writer, artist, coder, musician. Casts ideas, storytelling, blockchains, systems, art, cities. ❤️ sunsets. he/him.

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Big fan of immutable protocols w/o any gov or minimal gov. Tricky for borrow/lending though

an option:

- earned and non-transferable
- no price or market
- supply can increase or decrease based on proposals/votes made

Space ambient composer. Onchain NFT artist. Berlin. https://miragenesi.art

Seeing the new governance attack on Compound. Token owners don't want to participate in active governance. But, they can still have *some* say, which is rallying to token to veto a negative outcome. Kind of like slashing in PoS, but a veto in governance.