Commonwealth Labs
Published in

Commonwealth Labs

Last Week in Governance: Tally bug causes contentious Uniswap governance proposal to be canceled, Uniswap research report shows underlying tensions with Discord community, Althea launch Cosmos Gravity Bridge & more

A Recap of Last Week in Governance (Week ending Aug 20)

This post covers in brief the major news and events in DAO governance that we have highlighted over the past week. For a more detailed breakdown check out the full article and engage with our community on our blog.

Let’s take a quick look at what happened in governance last week…

The Uniswap Governance proposal #7 was cancelled due to a voting bug. Announcing the cancellation via a Twitter thread, the Tally team indicated that the voting process was significantly impacted by an error in their interface. As a result, the system would erroneously submit an ‘against’ vote as a ‘for’ vote.

A research report has established that there are conflicts between Uniswap’s vision vs. the actual community dynamics in Discord for several themes. The study that was conducted by researchers supported by Uniswap Grants Program & Ethereum Foundation established there was conflict in these three thematic areas: Users as customers vs. stakeholders, Governance & accessibility and “Autonomous” community.

Twitter user @alexxzzhang shared his thoughts on social tokens and how they have the potential to “function like cities” via a thread. They posited that the tokens can function as both currency and a form of digital real estate.

Clay, crypto investor at Slow Ventures, shared a deep-dive on DAOs from the simplest frameworks via his Twitter account @crabbylions. He observed that the guiding ideas that will define the future of DAOs include tooling and flexible privacy while indicating that DAOs don’t need to be monoliths.

Cosmos announced the launch of their Gravity Bridge that will serve as an independent and credibly neutral Cosmos-SDK blockchain providing the entire SDK community with a neutral bridge to Ethereum and eventually all major EVM chains.

--

--

--

Commonwealth is an all-in-one platform for on-chain communities to discuss, vote, and fund projects together.

Recommended from Medium

Introduction

The Luna collapse and why it didn’t really affect crypto

Bybit🦍 is thrilled to announce that we will be supporting pStake Finance — $PSTAKE deposits are…

The AURA token and everything about it

Phishing For Compliments — My Failed Scam Encounter

Yearn Partner Roundup #5

Intelligent Cryptocurrency Review 2021- Is it Really Worth? Find Out here.

ABC of Blockchain Technology Have you ever thought of a system that is transparent yet offers…

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Grace Guan

Grace Guan

ex @youtube @google | @penn | creator economy + blockchain + racial equity

More from Medium

Non Fungible, or Non-Fair? Striking Evidence Concerning Inequality In The NFT Art Marketplace

Introducing Snorkel, the Dive Design System

Thinklab — Building a startup team to fix science and government

My first project after passing CCNA