News

Vitalik Advocates for Enhanced DAO Membership Accessibility

Key Points:

  • Vitalik discusses the trade-offs of permissioned systems in DAOs like Zuzalu and Apecoin.
  • He suggests a new structure where membership requires permission from multiple members, enhancing inclusivity.

Ethereum co-founder Vitalik Buterin once commented on the governance structures of several DAOs, including Zuzalu, the Apecoin Governance Forum, and the gatekeeping levels within Arbitrum DAO membership.

Vitalik Buterin Addresses Governance Challenges in DAOs

This framing highlights some kind of trade-off in permission levels for DAO membership such as Apecoin and ZuVillage. Buterin views that as an indication that a nuanced approach may allow better governance structures to arise. He further suggested an intermediate form of membership whereby permission would be given for multiple active members to vote for the admission of another person while it remains open.

Vitalik Buterin put it best by explaining that, to better understand, a quadratic financing mechanism can allow points to build up for would-be members against contributions from existing members. All-inclusive, this model encourages participation in a sense of community while balancing permissioned access.

Read more: Ethereum Founder Vitalik Buterin Makes Over $600,000 Profit in Meme Coins

The Future of Formal in DAO Membership

Vitalik Buterin expressed excitement about works such as OP Citizen House and the Zuzalu Community, adding that formalizing membership and measuring participation are crucial to developing good governance within a DAO membership. He believes increasing the ways to get formal membership can add to decentralization and inclusivity beyond just the holding of tokens.

The future of developing a DAO depends on creating structures that accommodate various paths toward membership: a self-empowering community in combination with strong and effective governance. As more experimentation takes place in space, Buterin’s comments can lay the pathway to new governance solutions that are in tune with the core principles of decentralization.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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