Post
Topic
Board Altcoin Discussion
Re: How DeFi 2.0 palyer overcome the limitations of DeFi 1.0
by
Dump3er
on 28/04/2021, 20:41:39 UTC
There is no connection between all participants of DeFi 1.0 and lack of motivation to participate in the governance of the platform. It is seriously hinders the ecological development and makes the platform's liquidity difficult to sustain. There are currently many technical teams, similar to PancakeSwap on the BSC blockchain, KeplerSwap on the EOS blockchain, and CherrySwap on OkexChain, which is also undergoing internal testing, all of which are indispensable forerunners in the future of decentralized finance.

This is always going to be the problem of socalled DAOs. We see many come up and even Uniswap showed the way with UNI governance tokens out already for such a long time and STILL people do not participate.

Simply put, the idea of decentralization and governance is fertile only in the minds of developers, not Defi traders:)

Maybe one solution could be to tie the governance duties to any payouts stakeholders are entitled to. In more concrete terms, if you are a stakeholder and could earn money from dividends any other income stream, you cannot claim it for as long as you haven't performed voting or other governance tasks. Isn't that a possible approach? When it's about money stakeholders will be willing to act.