Governance

What's going on with compound is hilarious — GoldCOMP team gifted themselves $25,000,000 via a governance vote. #OAP strikes agin!

What's going on with compound is hilarious — GoldCOMP team gifted themselves $25,000,000 via a governance vote. #OAP strikes agin!

https://compound.finance/governance/proposals/289

The only problem is externality pricing.

Building https://negationgame.com

Offchain oracle problem - I’ve been thinking about it for years and I have a half formed blog post about it in IA writer.

oh yeah this is what I'm thinking about and working on too. Don't share widely as this is just a first draft, but I'd be curious your thoughts

> I actually think Bitcoin is the DAO you’re talking about in the second part.

What do you mean by this? I don't think I described Bitcoin in the second part

I love it. I actually think Bitcoin is the DAO you’re talking about in the second part.

Lots of small narratives running in parallel all behind the same main narrative about how the world will look in the future. You buy Bitcoin and help grow the vision or you don’t. There are no votes for Brian Armstrong to start Coinbase, Lamassu to create a Bitcoin ATM, or Grayscale to create GBTC. All of these organizations run in parallel for the greater cause. That’s an actual DAO.

I almost feel like if there is a centralized voting system, it will never be a DAO.

oh yeah this is what I'm thinking about and working on too. Don't share widely as this is just a first draft, but I'd be curious your thoughts
https://coda.io/@connor/the-death-of-daos