kaal:claim:4529715-020

Fungible governance tokens expose a DAO to vote buying and other forms of manipulation.

Source quote, verbatim

However, fungible governance tokens also have some limitations and challenges, such as the potential for vote buying or other forms of manipulation.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), DAO Governance Standards, p. 14
https://ssrn.com/abstract=4529715 · source PDF

Cite as

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

Holds when

fungible token based governance

Classification

failuresupport: arguedfailure: vote-buyingfamily: token-transferability-defectdaotokenomicsgovernance-design

Related claims

extended_by kaal:claim:5254152-003 Fungible governance tokens deliver liquidity and transparency in DAO voting rights, but because they are trada...
restates kaal:claim:4015908-024 DAO governance built on fungible governance tokens is disfavored and dangerous because governance rights can b...

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