Governance and the "Dexit" to Community
summary
Panel documents a pragmatic path from centralized protocol to community rule: a protocol moves to tokenized governance (PoolTogether Feb), treasuries spawn grants/treasury committees and executive stewards, and an unexpected windfall forces fast decisions — an Akita windfall (~$5–10M realized) is split and managed by appointed stewards. Observed failure modes are low turnout, near-unanimous votes, emerging paid lobbying, and only three contentious votes out of six major governance actions, so hybrid structures and scoped delegation are the working solutions.
AI-written summary · about
chapters (25)
- 0:00Introduction
- 0:40Welcome
- 1:20Conner
- 2:08Leighton
- 2:49Scott
- 3:40Seth
- 4:38Rich
- 5:52Online cooperatives
- 6:16Metaverse
- 12:12Dexit to DAO
- 12:49Pool Together
- 18:43Social Scalability
- 22:43Scaling
- 25:12Easy access to scale
- 26:49Centralized systems
- 28:42Challenges
- 31:16Treasury
- 31:28Stewardship
- 33:03DAO back channels
- 33:28lobbyists
- 34:16political parties
- 35:36Controversial votes
- 37:03Design challenges
- 38:42Dexit
- 39:42Conclusion
related talks
22mGetting to Next-Gen Decentralized Governance
58mA DeFi Roundtable
20mDiscussion - Security, Session 8
01h 10mAave: Governance - Voting, Delegating & Proposals in Depth
16mSmart Contract Governance
14mToken-Curated Registries (TCR)
21mPANEL | Succeeding with FVM: A Builder's Perspective
54mMy Little Token (Part 1)