@shutter
The DAO model isn't working - speculation, finite runways & governance fatigue often leads to their reflexive collapse 📉
Today we introduce a new model designed for permanence & an infinite runway: Perpetual Endowment Network (PEN)
We need the Ethereum community's help to improve it ⬇️
A PEN is model for a permissionless, member-governed on-chain endowment designed to preserve capital indefinitely while allocating only its yield through decentralized governance
Read the conceptual model & tell us what improvements you'd make:
https://blog.shutter.network/introducing-the-perpetual-endowment-network-pen/