TL;DRArbitrum governance power is structurally concentrated in a small set of large wallets, not broadly distributed across the community.40% of the top 20 delegates are pure self-delegations, with effectively zero external accountability from delegators.Delegation was meant to solve participation, but with this concentration pattern it mostly launders capital power rather than encoding real community trust.Key TakeawaysToken-weighted, delegate-based governance can look decentralized while be...

TL;DRArbitrum governance power is structurally concentrated in a small set of large wallets, not broadly distributed across the community.40% of the top 20 delegates are pure self-delegations, with effectively zero external accountability from delegators.Delegation was meant to solve participation, but with this concentration pattern it mostly launders capital power rather than encoding real community trust.Key TakeawaysToken-weighted, delegate-based governance can look decentralized while be...

I am not a crypto journalist. I am a DAO governance researcher from India, still learning this space. And maybe that is exactly why this question came to me because I was not too deep inside the ecosystem to miss it. When Tally announced its shutdown, every major crypto outlet covered it. CoinDesk covered it. CryptoPolitan covered it. Twitter threads came from respected governance voices. Everyone repeated the same story: regulatory environment shifted, VC model failed, Ethereum's "infinite g...

I am not a crypto journalist. I am a DAO governance researcher from India, still learning this space. And maybe that is exactly why this question came to me because I was not too deep inside the ecosystem to miss it. When Tally announced its shutdown, every major crypto outlet covered it. CoinDesk covered it. CryptoPolitan covered it. Twitter threads came from respected governance voices. Everyone repeated the same story: regulatory environment shifted, VC model failed, Ethereum's "infinite g...

I have been watching Arbitrum's governance closely for the past several weeks. What I noticed wasn't a technical failure. It wasn't a security breach. It was quieter than that and in some ways more serious. Nobody was participating. Proposals were passing or failing not because the community decided but because most of the community never showed up. The ones who did were, more often than not, the ones with the most tokens. This is not a coincidence. It is a design problem.The Numbers Don't Li...

I have been watching Arbitrum's governance closely for the past several weeks. What I noticed wasn't a technical failure. It wasn't a security breach. It was quieter than that and in some ways more serious. Nobody was participating. Proposals were passing or failing not because the community decided but because most of the community never showed up. The ones who did were, more often than not, the ones with the most tokens. This is not a coincidence. It is a design problem.The Numbers Don't Li...

I joined Arbitrum's governance forum four days ago. I'm not a developer. I come from accounting and finance. I had no technical reason to be there. I just started reading and I couldn't stop. This is what I noticed.56 views. That's how many people had read Josef Gattermayer's Security Council application when I first opened it. Josef is applying for a role that gives him emergency multisig power over one of the largest L2 networks in crypto. Billions of dollars. Real users. Real stakes. 56 vi...

I joined Arbitrum's governance forum four days ago. I'm not a developer. I come from accounting and finance. I had no technical reason to be there. I just started reading and I couldn't stop. This is what I noticed.56 views. That's how many people had read Josef Gattermayer's Security Council application when I first opened it. Josef is applying for a role that gives him emergency multisig power over one of the largest L2 networks in crypto. Billions of dollars. Real users. Real stakes. 56 vi...

Marc Zeller and the Aave Chan Initiative arrived in November 2022 at arguably the worst moment in DeFi history. FTX had just collapsed. Celsius was gone. 3AC was finished. The industry was on its knees. That timing deserves credit. Nobody walks into a burning building unless they believe in what they are doing or unless they see an opportunity. Three years later, ACI is leaving. And the way they are leaving deserves just as much scrutiny as the way they arrived. Let us look at the facts clear...

Marc Zeller and the Aave Chan Initiative arrived in November 2022 at arguably the worst moment in DeFi history. FTX had just collapsed. Celsius was gone. 3AC was finished. The industry was on its knees. That timing deserves credit. Nobody walks into a burning building unless they believe in what they are doing or unless they see an opportunity. Three years later, ACI is leaving. And the way they are leaving deserves just as much scrutiny as the way they arrived. Let us look at the facts clear...

Aave is the largest decentralized lending protocol in the world. $34 billion locked inside it. 99,200 people using it every month. $300 million in annual revenue flowing through its treasury. By any measure, it is a financial institution of serious consequence — comparable in footprint to the 37th largest bank in the United States. And yet, last week, its governance forum had 254 active participants. That number deserves to sit for a moment. Not 254,000. Not 25,400. Two hundred and fifty four...

Aave is the largest decentralized lending protocol in the world. $34 billion locked inside it. 99,200 people using it every month. $300 million in annual revenue flowing through its treasury. By any measure, it is a financial institution of serious consequence — comparable in footprint to the 37th largest bank in the United States. And yet, last week, its governance forum had 254 active participants. That number deserves to sit for a moment. Not 254,000. Not 25,400. Two hundred and fifty four...

Astar DAO Governance Web3 India ASTR Polkadot DeFi Hindi Web3 BlockchainAstar पर Governance कैसे काम करती है?जब कोई भी बदलाव "ऊपर से" नहीं आतामुझे याद है जब मैंने पहली बार किसी DAO के governance forum पर एक proposal देखा था। बस एक text post था। कोई अनजान address। कुछ comments। और नीचे लिखा था "यह अगले हफ्ते onchain जाएगा।" मैं हैरान था। कोई CEO का approval नहीं। कोई board meeting नहीं। कोई press release नहीं। बस community ने discuss किया और change आ गया। तब से मैं DAO governance को seriously ...

Astar DAO Governance Web3 India ASTR Polkadot DeFi Hindi Web3 BlockchainAstar पर Governance कैसे काम करती है?जब कोई भी बदलाव "ऊपर से" नहीं आतामुझे याद है जब मैंने पहली बार किसी DAO के governance forum पर एक proposal देखा था। बस एक text post था। कोई अनजान address। कुछ comments। और नीचे लिखा था "यह अगले हफ्ते onchain जाएगा।" मैं हैरान था। कोई CEO का approval नहीं। कोई board meeting नहीं। कोई press release नहीं। बस community ने discuss किया और change आ गया। तब से मैं DAO governance को seriously ...

The Web3 governance space saw significant movement today. Here's a concise breakdown of what happened across major DAOs — researched and written from India 🇮🇳👻 AAVE DAO — A Community in Crisis Aave DAO is facing one of its most serious internal ruptures. BGD Labs, the protocol's core technical contributor for 4 years, announced it will exit by April 2026. Now Aave Chan Initiative (ACI) founder Marc Zeller has announced a similar departure. The trigger: the "Aave Will Win" funding proposal ...

The Web3 governance space saw significant movement today. Here's a concise breakdown of what happened across major DAOs — researched and written from India 🇮🇳👻 AAVE DAO — A Community in Crisis Aave DAO is facing one of its most serious internal ruptures. BGD Labs, the protocol's core technical contributor for 4 years, announced it will exit by April 2026. Now Aave Chan Initiative (ACI) founder Marc Zeller has announced a similar departure. The trigger: the "Aave Will Win" funding proposal ...