kaal:claim:3782217-016

Oracle DAOs and decentralized finance DAOs face a bootstrapping deadlock because each relies on the other for its very existence, a chicken and egg problem the authors address by having participants prove their worth in a development period before they can charge other DAOs fees.

Source quote, verbatim
Unfortunately, oracle DAOs and deFi DAOs rely on each other for their very existence. Which will come first, the chicken or the egg?
From

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021), SchellingCoin protocol, p. 6
https://ssrn.com/abstract=3782217 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217

Holds when
Classification

failuresupport: arguedfailure: mutual-dependency-deadlockfamily: cold-start-and-bootstrappingdefismart-contracts

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