Flipside Governance Recap | 15 July 2022
Welcome to the Flipside Governance Team recap! Here’s a weekly summary of heady governance activity, our hard-hitting research & data analysis, and key news stories across the broader governance space.Team Highlights 🚨Welcome Issy: Our team is growing! Isabel, our new Co-Op, joined this week and will be focusing on Research for her six month stint.Fig in Paris: Fig will be in Paris for the Ethereum Community Conference 5 (EthCC) from July 19th to July 21st. If you’re around, please reach out...
Flipside Governance Recap | 15 July 2022
Welcome to the Flipside Governance Team recap! Here’s a weekly summary of heady governance activity, our hard-hitting research & data analysis, and key news stories across the broader governance space.Team Highlights 🚨Welcome Issy: Our team is growing! Isabel, our new Co-Op, joined this week and will be focusing on Research for her six month stint.Fig in Paris: Fig will be in Paris for the Ethereum Community Conference 5 (EthCC) from July 19th to July 21st. If you’re around, please reach out...
To ve or not to ve - Flipside Governance - Medium
Any DAO that has token-based voting faces the same inherent issue: that votes can be bought — and sold — quickly if those tokens are traded on exchanges. This has led to predatory voting attacks, where enough tokens to ram a proposal through were bought solely for voting and sold quickly afterwards. (You can read our blog post explaining the Beanstalk hack for an extreme version of this behavior) Yet since its inception, DAO governance has been looking for a way to align the behavior of token...
To ve or not to ve - Flipside Governance - Medium
Any DAO that has token-based voting faces the same inherent issue: that votes can be bought — and sold — quickly if those tokens are traded on exchanges. This has led to predatory voting attacks, where enough tokens to ram a proposal through were bought solely for voting and sold quickly afterwards. (You can read our blog post explaining the Beanstalk hack for an extreme version of this behavior) Yet since its inception, DAO governance has been looking for a way to align the behavior of token...
DAO Decentralization: A Bell Curve
Witnessing the maturation of various DAOs, decentralization is not linear. It fluctuates, depending on market conditions and user growth, with peaks and troughs.In our current market, there are clear examples of this — with Uniswap, SushiSwap, and MonkeDAO being the most notable. This variation is healthy — and important as DAOs gain traction in popularity, TVL, and mainstream adoption. With a range of participants and goals, we will see a world where DAOs exist in centralized and decentraliz...
DAO Decentralization: A Bell Curve
Witnessing the maturation of various DAOs, decentralization is not linear. It fluctuates, depending on market conditions and user growth, with peaks and troughs.In our current market, there are clear examples of this — with Uniswap, SushiSwap, and MonkeDAO being the most notable. This variation is healthy — and important as DAOs gain traction in popularity, TVL, and mainstream adoption. With a range of participants and goals, we will see a world where DAOs exist in centralized and decentraliz...
Flow Blockchain Primer: Ecosystem & Governance
The All in One BlockchainFlow launched on 7 October 2020 with a Proof of Stake consensus mechanism. Flow was developed by DapperLabs, the inventors of Crypto Kitties. Dapper wanted to address the issues they saw deploying on Ethereum. They did so by focusing on scalability via fast and cheap transactions and security via a different smart contract language (Cadence) that made writing secure code easier. Here’s how the Flow documentation puts it: There are four pillars that make Flow unique am...
Flow Blockchain Primer: Ecosystem & Governance
The All in One BlockchainFlow launched on 7 October 2020 with a Proof of Stake consensus mechanism. Flow was developed by DapperLabs, the inventors of Crypto Kitties. Dapper wanted to address the issues they saw deploying on Ethereum. They did so by focusing on scalability via fast and cheap transactions and security via a different smart contract language (Cadence) that made writing secure code easier. Here’s how the Flow documentation puts it: There are four pillars that make Flow unique am...
The DAO Governance Contributor Toolkit
DAO governance can be scary. We know. Some of our proposals receive standing ovations, some were met with violent disapproval, but one thing is for sure — there is no better place to directly impact the direction of our space than in the depths of DAO governance. So, dear reader, if you are on the fence about jumping in and contributing to DAO governance, let us encourage you with a hearty: “LFG!! 🚀” This piece will give you an overview of the tools of the trade, and how to use them well. As...
The DAO Governance Contributor Toolkit
DAO governance can be scary. We know. Some of our proposals receive standing ovations, some were met with violent disapproval, but one thing is for sure — there is no better place to directly impact the direction of our space than in the depths of DAO governance. So, dear reader, if you are on the fence about jumping in and contributing to DAO governance, let us encourage you with a hearty: “LFG!! 🚀” This piece will give you an overview of the tools of the trade, and how to use them well. As...