Governance Mining — liquidity mining for human capital

Communities donate funds and use a DAO to vote on how that capital is allocated to various contributors in the form of governance proposals.

Yield farming Governance tokens could be distributed to users instead of developers and investors. Through yield farming, users receive tokens representing ownership for lending, borrowing, staking, or asset liquidity. Protocol owners can sell it in addition to accumulating it and hoping it will increase in value. If major banks gave you a small sh... See more

Governance rights face similar challenges with both fungible and non-fungible tokens: ownership naturally tends to have a power-law distribution so the question becomes: what do you do about whales? This recent essay by Vitalik paints a clear picture for why this will become an increasingly problematic issue for DAOs, both in terms of incentive mis... See more