TheBlock
2020-12-16 11:30:56

DeFi governance games: MakerDAO

Quick TakeMakerDAO is one of the oldest successful DAOs on Ethereum with functioning governance.Anyone can participate in off-chain governance, while for governance polling, it is necessary to hold MKR.Executive voting, in turn, requires locking tokens in the governance contract.Despite the 9x growth of TVL, governance at MakerDAO continues to be relatively centralized and passive.

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