Post by @stani • Hey
Whats a good example of a successful DAO to you? And explain why.
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Yet to come across one. Saw horrible instance of blind voting in Jupiter proposals.
A good DAO has a way to combat token weighted voting with a veto. I think DAOs need two voting houses. Most DAOs I see are decided by 5 - 10 wallets which makes them companies rather than decentralized entities.
@lens/aave. Holders can do proposals and vote in a pretty neat way. Although I must add theres a big information assymetry tho as not everyone understands proposals and can vote in a based way.
I think DAOS are aspirational but unfortunately humans get in the way. Ephemeral DAOs around a specific objective seem like a good way, although not sure if Constitution DAO would’ve worked long term if they had achieved their goal I had a meeting with the GTM specialist for a new company in Sweden not related to web3 and they want to do tokens and a DAO for their product owners. I was actually trying to encourage him against it, flatarchies aren’t the same but a better solution IMP unless there’s a big shift in human behavior. Maybe BitDAO? Where there’s a lot of capital to manage and you need to create a system of checks and balances? Very curious your thoughts here
interesting q
ConstitutionDAO, they didn’t get the objective, but it was because a billionaire gets afraid of a bunch of organized “crypto bros”, so he did a last higher bid for the auction.