🚨 Up next at 1 PM ET 🚨 One founder controls half of ENS's votes. An attacker spent $4M to legally steal $20M from BonkDAO. DAOs are dissolving back into companies. I ask @DrNickA of Jito and @metaproph3t of MetaDAO: is onchain governance broken, or growing up? DON'T MISS IT! Tune in 🎧 x.com
A discussion about onchain governance featuring Jito and MetaDAO explores issues like ENS voting concentration and a BonkDAO exploit.
🚨 Up next at 1 PM ET 🚨 One founder controls half of ENS's votes. An attacker spent $4M to legally steal $20M from BonkDAO. DAOs are dissolving back into companies. I ask @DrNickA of Jito and @metaproph3t of MetaDAO: is onchain governance broken, or growing up? DON'T MISS IT! Tune in 🎧 x.com
"The average token holder doesn't want to spend the time governing the protocol," @DrNickA on DAO voter apathy https://x.com/i/broadcasts/1OxwbbkprRVJB?s=20
"I think we pick up a lot of bad governance based on bad token distributions," @DrNickA on DAO struggles https://x.com/i/broadcasts/1yxBeeabgDEJN?s=20
"Voter apathy is one of the classic DAO problems. The average token holder doesn't really want to spend their time governing a protocol" Nick Almond, Head of Governance at Jito Foundation, on why DAO voter turnout is so broken and how to actually fix it "There's limited reason, the average token h
"I actually feel like we've hit close to DAO bottom. We've seen all of the failings so viscerally now, the next era of it can start to emerge" Nick Almond, Head of Governance at Jito Foundation, on why the DAO 1.0 era is ending and what comes next "Any DAOs left standing that have projects or foun