ECB Study Questions How Decentralized DeFi Governance Really is
ECB staff paper finds governance in Aave, MakerDAO, Ampleforth and Uniswap is dominated by a few large holders and opaque delegates, complicating MiCA’s DeFi approach.
ECB staff paper finds governance in Aave, MakerDAO, Ampleforth and Uniswap is dominated by a few large holders and opaque delegates, complicating MiCA’s DeFi approach.
Permissioned access profited from detours through native assets. Execution matured but distribution lagged. Transaction-layer access returns power to users and networks.
Today's "DeCloud" networks promised to kill AWS. Instead, they just gave it a crypto wallet and kept the trust problem alive.
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