kaal:position:2026-07-31-7106
DeFi Governance and Decision-Making on Blockchain presents the following source proposition: The paper reviews the literature on traditional finance governance models and blockchain-based governance mechanisms in DeFi platforms, and discusses the challenges and opportunities in designing decentralized governance models for DeFi platforms. This proposition is pertinent to Kaal's source-bound claim that Decentralized finance and participatory governance models create their own problems, specifically unresolved regulatory frameworks and ethical considerations, so decentralization is not a costless substitute for existing institutional arrangements. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
defigovernance-designhistorical-responsescholarly-literaturesemantic-scholar