DAOs Weekly - Week 37
A weekly resource covering DAOs and their governance
Welcome to DAOs Weekly!
Each week, we curate a collection of the week’s best tweets, articles, blogs, essays, and podcasts on distributed organizations and their governance, as well as weekly governance updates on DAOs from Boardroom’s Governance Scribes!
📝 Weekly DAO Updates
A collection of curated updates written by Boardroom Governance Scribes.
🅱️ BanklessDAO
🏦 Compound
⚙️ Gitcoin
🎟️ PoolTogether
🌱 Radicle
⚔️ Synthetix
🦄 Uniswap
🗣️ Tweets
In DAOs, we often conflate leadership with centralization
The reality is decentralization comes from having many leaders, not zero leaders
To optimize for decentralization, DAOs need to create many pathways for contributors to become leaders
A hard problem in DAO onboarding is
*context building*
Before you can take action in a DAO you must
1. understand some of its goals/direction
2. map its ecosystem (users, competitors, market...)
3. situate yourself in the project
DAOs today feel a lot like NFTs in 2018
A handful of people knew NFTs were going to be big, but were wrong on what the killer use case would be (gaming wasn’t it, PFPs were)
Similarly, social tokens and DeFi protocols are perhaps not the killer use case for DAOs
The stakeholder problem:
If DAOs are states—w/ currencies, treasuries, governments—everyone should have equal votes.
If DAOs are companies—generating revenue for stakeholders—founders should have greater governance and rewards.
Is the promise of inequality itself an incentive?
📚 Good Reads
“Wait it’s all coordination?,” Mark Redito, mark.mirror.xyz
“DAOs ‘Can’t Operate in the Wild West Forever’,” Andrew Hayward, Decrypt
“Dove Dispatch #19: The Venture Ecosystem Against The Inevitable Rise Of DAOs,” Pierre Chuzeville, Dove Dispatch