Token Governance
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Banklessยท 2025-10-20 12:00
Core Concept of Futarchy - Futarchy proposes a market-driven governance model where decisions are traded on rather than voted on, aiming to revolutionize token governance [1] - The goal of Futarchy is to establish robust shareholder protections on-chain, paving the way for the next phase of crypto capital markets [1] - Futarchy seeks to eliminate rug pulls by creating true shareholder protections on-chain [1] Futarchy Mechanics & Incentives - Futarchy involves market participants who trade on the outcomes of governance decisions [1] - Futarchy aims to create a new form of governance within the crypto space [1] - Liquidity and insider participation are key considerations within a Futarchy system [1] Addressing Crypto Risks - Futarchy is presented as a solution to the problem of crypto rugs [1] - The discussion explores the concept of "unruggable tokens" facilitated by Futarchy [1] Real-World Examples & Projects - The podcast references MetaDAO as an example related to Futarchy [1] - Umbra is mentioned as a relevant example in the context of Futarchy [1]