# kaal:claim:4015908-027

**Claim.** Founders may hold significant influence over DAO votes initially depending on the DAO design, but higher levels of governance decentralization mitigate these centralization effects quickly through the onboarding of new DAO members.

**Type.** condition  **Support.** argued

**Holds when.**

- early stage of DAO formation
- DAO design permits ongoing member onboarding

**Source quote.**

> Depending on the DAO design, the founders may have significant influence over the DAO votes initially. However, higher levels of DAO governance decentralization mitigate these centralization effects quickly via the onboarding of new DAO members.

**From.** Wulf A. Kaal, *Fair Token Launch* (2022), III.2.d(2) No Control by Insiders, page 13

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

**Verify.** sha256 of source PDF `e0925afde0c42a16cd5310983789fae3eb3d1f121e2954a72afa64191d00fe37` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20Fair%20Token%20Launch.pdf

**Topics.** dao, decentralization, corporate-governance, governance-design

**Keywords.** dao, founder-control, decentralization, onboarding, governance

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