We Need to Re-Think Decentralized Governance
A Token Doesn’t Make You Decentralized. So What Does? On Sept 17th, 2020, Uniswap air dropped 150M tokens — worth ~$450M at the time — to anyone who’d ever interacted with the protocol. Many viewed this as a move towards decentralization. In fact, The Defiant, perhaps my favorite publication in the space, wrote that day,…
By: Blake West •
Research & Opinion
A Token Doesn’t Make You Decentralized. So What Does? On Sept 17th, 2020, Uniswap air dropped 150M tokens — worth ~$450M at the time — to anyone who’d ever interacted with the protocol. Many viewed this as a move towards decentralization. In fact, The Defiant, perhaps my favorite publication in the space, wrote that day,…
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