【BitPush】The current DAO governance faces an awkward reality: although there are many, their quality varies greatly. The issues caused by token voting are becoming more and more apparent—inefficiency and susceptibility to capture—these flaws directly impact Ethereum’s decentralized expansion from the base layer to the application layer.
How to improve? The key lies in building a more refined DAO system. These organizations need to play substantive roles in areas such as oracles, on-chain dispute resolution, list maintenance, and project initiation and maintenance. From a different perspective, not all problems can be solved with the same decision-making scheme. Some are convex problems (relatively easy to optimize), while others are concave problems (full of traps and requiring caution). Distinguishing between them is crucial for designing governance mechanisms.
But there are also two major challenges hidden within. One is privacy—without privacy protection, governance becomes a social game, and voting rights are hijacked by public opinion. The second is decision fatigue—participants gradually lose enthusiasm amid frequent votes. To truly promote the ecological upgrade towards decentralization, these two issues must be addressed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
3 Likes
Reward
3
3
Repost
Share
Comment
0/400
SchrodingerWallet
· 12h ago
Hi there, it's the old story of DAO governance again... Basically, right now it's just a bunch of shells voting among themselves.
Having more DAOs doesn't really matter; the key is whether there's real money working behind the scenes. The token voting system should have been changed long ago; it's just a club for the wealthy.
I've seen through the privacy issue; no one really cares. Anyway, it's the big players who call the shots, and my small retail investor votes are useless.
The convex-concave problem? Sounds impressive, but in practice, it's just the same old story. Feels like they're just making empty promises.
View OriginalReply0
CryptoPhoenix
· 12h ago
It's the same old problem again. Token voting is really a trap. We've seen enough governance failure cases at the bottom range. Now is the time to rebuild confidence.
This article hits the point—privacy issues are indeed critical. Public opinion hijacking voting rights is even worse than market manipulation. We need to find a way to break the deadlock.
View OriginalReply0
LayerZeroHero
· 12h ago
Uh... the token voting system really needs to be changed. Right now, it's just a playground for the wealthy to play voting games.
I'm most concerned about privacy; otherwise, governance becomes just a show of public opinion, where whoever has the loudest voice makes the decisions, which is really absurd.
The idea of convex and concave issues is somewhat workable; governance should be based on scoring and evaluation.
How to break the deadlock in DAO governance? The Ethereum ecosystem needs higher-quality decentralized autonomous organizations.
【BitPush】The current DAO governance faces an awkward reality: although there are many, their quality varies greatly. The issues caused by token voting are becoming more and more apparent—inefficiency and susceptibility to capture—these flaws directly impact Ethereum’s decentralized expansion from the base layer to the application layer.
How to improve? The key lies in building a more refined DAO system. These organizations need to play substantive roles in areas such as oracles, on-chain dispute resolution, list maintenance, and project initiation and maintenance. From a different perspective, not all problems can be solved with the same decision-making scheme. Some are convex problems (relatively easy to optimize), while others are concave problems (full of traps and requiring caution). Distinguishing between them is crucial for designing governance mechanisms.
But there are also two major challenges hidden within. One is privacy—without privacy protection, governance becomes a social game, and voting rights are hijacked by public opinion. The second is decision fatigue—participants gradually lose enthusiasm amid frequent votes. To truly promote the ecological upgrade towards decentralization, these two issues must be addressed.