Turing-Complete Governance

---------CONCLUSION DeFi's decentralized governance allows stakeholders to influence protocol development. Decentralized governance with DAOs can replace traditional firms' transaction costs, allowing crypto projects to welcome more diverse ideas and beliefs. To achieve these benefits, operational efficiency does not have to be sacrificed. Incorpor... See more

Despite growing acknowledgement that simple token-based governance models have (arguably) critical flaws, the amount of experimentation in the governance realm is low. The key observation is that more experimentation is needed if decentralized governance is going to be sustainable.

The promise of DAOs lies in self-governance. With the appropriate tools and mechanics, contributors can onboard, coordinate, reward one another, rather than relying on one single point of failure. In absence of such infrastructure, decisions will continue to be made arbitrarily and consensus cannot scale across the network.

In order to make creating DAOs seamless, a suite of governance templates that supports different objectives and structures needs to be in place to smooth the adoption curve and solve for mechanics design-project fit. Making the building blocks of token issuance and minting, incentive design, coordination, treasury, and community engagement more ato... See more