# kaal:claim:3373393-032

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

- DAO proposal and voting structures

**Source quote.**

> 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, page 20

**Cite as.** Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

**Verify.** sha256 of source PDF `4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain%20Solutions%20for%20Agency%20Problems%20in%20Corporate%20Governance.pdf

**Topics.** dao, smart-contracts, compliance, governance-design

**Keywords.** dao, smart-contracts, enforcement, proposal-voting

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