Governance Roundup: What DeFi protocol communities are discussing and debating

Quick Take

  • In addition to major feature launches, many protocols have minor parameter decisions (e.g. changing interest rates in MakerDAO) that must be made by token holders
  • Most of the governance happens on forums, where users submit proposals and ideas, and community members give their feedback
  • The first layer of voting is typically informal to gauge interest, and then proposals are moved to token holder voting (or execution via a multi-signature signers)

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

Leave a comment