Discover and read the best of Twitter Threads about #DecentralizedGovernance
Most recents (2)
Hi all, today I am open sourcing some thinking I have been doing around valuing #DecentralizedGovernance. I am releasing a formal spec and Python code to describe the framework and to get community feedback.
github.com/coinfund/gover…
Demo below.👇
github.com/coinfund/gover…
Demo below.👇
The central question I am trying to answer is the following. Given a governance token distribution, how do we quantify the influence that a particular token holder’s stake exerts over the governance process?
To answer this, I define a measure called “decisiveness”.
To answer this, I define a measure called “decisiveness”.
Intuitively, the decisiveness of a stake relative to a token distribution is the expected % of the time that this stake’s vote (or lack thereof) can overturn the outcome of a proposal.
The properties of decisiveness are based on discrete partitioning & are somewhat surprising.
The properties of decisiveness are based on discrete partitioning & are somewhat surprising.
1/This week at #Aracon2019, I would like to explore some core themes around #DecentralizedGovernance and #DisputeResolution together with the #crypto community working on related projects. @devinawalsh @coinfund_io @AragonProject @stefanobernardi @CambrialCapital 👇
2/THEME ONE: Are governance tokens valuable?
Token models have "eroded" somewhat these past few years: it's hard to make a token accrue value! But governance is being touted as one of the few activities fundamentally valuable to a network. How does this actually work?
Token models have "eroded" somewhat these past few years: it's hard to make a token accrue value! But governance is being touted as one of the few activities fundamentally valuable to a network. How does this actually work?
3/There are actually not too many *actionable* models in this space that I can find. But there are some. . .
