Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
lex_node
--
Follow
The word "
DeFi
" has become so watered down that the Ethereum Foundation had to invent a new word, "DeFipunk," to mean what "DeFi" originally meant.
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
ETH
2,516.1
+0.15%
135
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
lex_node
@lex_node
Follow
Explore More From Creator
unfortunately just having an entity that doesn't have equity holders and prohibits dividends does not magically create tokenholder 'alignment'--that's table stakes & every foundation (including the ones everybody hates) already does that the real bare minimum should be: -->governance docs are public -->in those docs, the entity purposes are narrowly and carefully drafted to tailor to the particular community/token/protocol at issue (this is almost never the case), with few weasel words or "any other purpose permitted by law" clauses -->there is some enforcement mechanism for actually aligned third parties (e.g., the DAO itself) to take legal action against the entity and its managers if they are violating the entity's rules Very often, almost always, at least one of these elements is missing & the potential for loopholes and end-runs causing 'misalignment' with tokenholders is massive. Just BORG it. 🖖😎
--
guys cryptoX is not instagram...please keep that shit off of here. . .
--
MetaLeX spaces at noon NY time today...chatting about: a16z's article on Foundations vs. DUNAs and BORGs (https://a16zcrypto.com/posts/article/end-foundation-era-crypto/) the proposed apeDAO shutdown (https://forum.apecoin.com/t/sunsetting-the-dao-and-launching-apeco-a-new-operating-model-for-apecoin/28242) set a reminder!
--
It's okay. According to aave I can never be liquidated, because I staked in Umbrella. I am nice and dry under my umbrella on this rainy day.
--
this is all because I bought ETH last night, isn't it?
--
Latest News
Mixed Market Sentiment Raises Concerns Over Bitcoin's Future
--
U.S. Stock Market Opens with Mixed Performance
--
High Gas Fees for USDC Staking on Plasma Network
--
Crypto Industry Groups Advocate for Blockchain Regulatory Clarity
--
Anemoi International Allocates 30% of Cash Reserves to Bitcoin
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
