Theoretically, governance should be structured in a way that both focuses on the primary users who are the most engaged in the community as well as the largest token holders. A simple mechanism for this may be that governance can be split past just token allocations and instead issued like multi-class stocks, whereby ownership and voting rights are... See more

1. Delegated Voting During the past year, leading crypto applications have innovated significantly in token-based governance. The most important new feature is delegated voting, which allows token holders to transfer voting rights to others. In addition to increasing diversity of perspectives in governance, reducing voting power concentration throu... See more

At the moment, the usual structure of a DAO is an organization whose on-chain protocol involves using a token that allows the holder to vote on governance decisions. Usually, 1 token = 1 vote. This token-centric method of governance bundles ownership and governance rights in that one asset, in a bid to align power and responsibility.