kaal:claim:4015908-025

Community DAO governance makes any form of rug pull much less likely, because rug pulls typically benefit only a few select individuals who retained control over the project code or liquidity.

Community DAO governance also makes any form of rug pulls much less likely as rug pulls typically only benefit a few select individuals who retained control over the project code or liquidity.

Wulf A. Kaal, Fair Token Launch (2022), III.2.d(2) No Control by Insiders, p. 12
https://ssrn.com/abstract=4015908 · source PDF

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

• community DAO oversees project code and liquidity

mechanismsupport: arguedfailure: Rug pullfamily: fraud-and-misconductdaogovernance-designdefi

• supported_by kaal:claim:4529715-029 Lobby3 was effectively attacked from within: founders maintained heavy control and slowly diverted funds to th...
• restated_by kaal:claim:4067783-009 Most DAOs that suffer unethical behavior and rug pulls are abused by insiders, and this is possible because in...
• supported_by kaal:claim:4067783-006 The author contests the myth that DAOs are generally run by scammers: many DAOs and users have indeed fallen v...
• extended_by kaal:claim:4067783-012 The absence of proper decentralized governance built on non-fungible tokens is a key common denominator across...
• contested_by kaal:claim:4067783-007 DAO projects accounted for a material share of the largest crypto frauds of the year: two of the top six crypt...

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