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#governance

3 stories
On-Chain Governance Is Dying, and Its Practitioners Know It
OpinionApr 9

On-Chain Governance Is Dying, and Its Practitioners Know It

Voter participation is falling. Delegates are consolidating. Protocol decisions are quietly moving to Discord working groups. The theater remains; the substance has migrated elsewhere.

DeFi's Users and Token Holders Want Different Things, and It's Breaking the Model
OpinionMar 26

DeFi's Users and Token Holders Want Different Things, and It's Breaking the Model

Protocol usage is at record highs. Token prices are stuck. The two groups of stakeholders have preferences that increasingly point in opposite directions — and the governance architecture assumes they're the same people.

Uniswap Foundation Grant Sale Mandates KYC, Drawing Pushback From Crypto-Native Wallets
ICOMar 14

Uniswap Foundation Grant Sale Mandates KYC, Drawing Pushback From Crypto-Native Wallets

The Foundation's $25M grant program token sale requires full KYC for participants. Several prominent cypherpunk-leaning commentators have called the decision a capitulation.