2022-06-06 12:26:24
Incorporating governance into decentralized protocols is controversial. Governance implies rules, hierarchies and control, which can be antithetical to the whole notion of decentralization. Paradoxically, history seems to have proven that organizations without rules cannot be sustainable.
At present, there are two separate ways that DeFi (decentralized finance) projects and platforms are tackling this problem: They are either building a DAO (decentralized autonomous organization), or just minimizing governance.
Read more at:
https://www.coindesk.com/sponsored-content/how-tokenized-governance-can-make-defi-more-resilient/
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