kaal:position:2026-07-31-001

DAO governance must be assessed at the level of power allocation and execution exposure, not only procedural form. A voting process does not establish decentralization when purchasable influence, delegation concentration, or automatic execution leave governance open to capture.

Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.
Holds when
Current debate

On Exercising Governance Power in Decentralized Autonomous Organizations

Scholarly basis

kaal:claim:4067783-005
Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783
Source PDF sha256: 48f1e307cdbbe28c7843f7744d0ba8cf01662f257a53f2066a7a6c7e03a5acec

Topics

dao-governancepower-allocationcapture-resistance

Provenance

Affirmed in signal-desk:2026-07-31-email-affirmation on 2026-07-31. Review record.

Verify

Canonical markdown sha256: 9575f01a501f6f86764e8cb70507d90381c23d79c3217d0488d065fa844ab786
curl -s https://wulfkaal.github.io/positions/2026-07-31-001.md | sha256sum