kaal:claim:5254152-038

Reliance on fungible, publicly tradable governance tokens undermines a protocol's resilience by exposing it to risks such as 51 percent attacks, as scored for Push Protocol.

Its resilience is undermined by the fungible, publicly tradable $PUSH tokens, which expose it to risks such as 51% attacks (A: 2).

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024), APPENDIX A: DAO Dataset, Push Protocol, p. 41
https://ssrn.com/abstract=5254152 · source PDF

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024). SSRN: https://ssrn.com/abstract=5254152

• DAOs whose governance tokens trade on open markets

failuresupport: evidencedfailure: tradable token resilience erosionfamily: regulatory-laggovernance-designtokenomicsconsensus-and-security

• restates kaal:claim:4529715-036 Requiring governance tokens to be earned through contribution rather than purchased, as GDN DAO does, leaves o...
• extends kaal:claim:4529715-030 VitaDAO's one token one vote structure leaves it susceptible to the 51 percent or whale attack, a vulnerabilit...
• supports kaal:claim:4529715-037 A DAO built on reputation rather than a fungible token, as CRDAO is, makes the 51 percent attack nearly imposs...
• specializes kaal:claim:3125827-014 Because almost all other blockchains distribute perfectly fungible currency tokens through initial sales or mi...

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