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Decentralized voting is structurally bad at acting as a budget committee

The title is paraphrasing a snippet from Katherine's recent tempcheck

The root of the current dysfunction within the ENS DAO comes from the gap between what the DAO was meant to do (steward credibly neutral infrastructure) and what it actually does day to day (act as a budget committee for an organization). Decentralized voting is structurally good at the first set of jobs, and structurally bad at the second. The reason is simple: token votes are slow, they carry little context, and they force a yes or no choice. Running an organization needs the opposite. It needs repeated adjustment, judgment, and a specific person who can be held accountable.

Snapshot block #25389012 · author held 0 at that block

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