Separating non-transferable reputation tokens from fungible collateral tokens closes the governance-capture pathway that single-token systems expose, in which voting power can be purchased or borrowed.
Source quote, verbatim
Non-transferable reputation tokens are separated from fungible, priceable col- lateral tokens. This separation closes the governance-capture pathway that single-token systems expose, in which voting power can be purchased or borrowed
From
Wulf A. Kaal, Governance as a Product (GaaP): A Reputation-Weighted Institutional Architecture for Autonomous AI Agent Governance (2026), IV. The GaaP Architecture, p. 3 https://ssrn.com/abstract=6886078 · source PDF
Cite as
Wulf A. Kaal, Governance as a Product (GaaP): A Reputation-Weighted Institutional Architecture for Autonomous AI Agent Governance (2026). SSRN: https://ssrn.com/abstract=6886078
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