kaal:claim:3373393-032
Once an optimization proponent has made a deal with the DAO, the deal is recorded in the blockchain and the proponent must deliver on the proposal or the contract is cancelled, which enforces performance without a supervisor.
Source quote, verbatim
once the optimization proponent has made a deal with the DAO, it's in the blockchain and the proponent is required to deliver on the proposal or her contract is cancelled.
From
Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), III.3 Reforming Governance Hierarchies, p. 20
https://ssrn.com/abstract=3373393 · source PDF
Cite as
Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393
Holds when
Classification
mechanismsupport: argueddaosmart-contractscompliancegovernance-design
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