- In addition to major feature launches, many protocols have minor parameter decisions (e.g. changing interest rates in MakerDAO) that must be made by token holders
- Most of the governance happens on forums, where users submit proposals and ideas, and community members give their feedback
- The first layer of voting is typically informal to gauge interest, and then proposals are moved to token holder voting (or execution via a multi-signature signers)
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Governance Roundup: What DeFi protocol communities are discussing and debating written by Mika Honkasalo @ https://www.theblockcrypto.com/genesis/80335/defi-governance-proposal-roundup?utm_source=rss&utm_medium=rss October 9, 2020 Mika Honkasalo