kaal:claim:3799320-005

The focus on value enhancement of fungible tokens can drive short termism in DAOs and cause ethical and governance issues to be ignored.

Yet, the focus on the value enhancement of fungible tokens can lead to short- termism and may ignore ethical and governance issues.

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021), Path Dependencies, p. 5
https://ssrn.com/abstract=3799320 · source PDF

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

• DAOs whose incentive design centers on fungible token value

failuresupport: arguedfailure: Fungible token short-termismfamily: short-termismtokenomicsrisk-and-incentivesgovernance-design

• restates kaal:claim:3652481-010 A DAO focus on the value enhancement of fungible tokens can produce short termism and lead the organization to...
• restated_by kaal:claim:3808852-016 The DAO focus on enhancing the value of fungible tokens can produce short termism and can cause ethical and go...
• restates kaal:claim:3782201-027 Because DAO performance assessment is based on optimizing fungible token value rather than on hierarchical or ...

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