" lunch at Compound DAO: latest analysis
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" lunch at #Compound DAO: latest analysis
The victory of Compound #DAO and
"Golden Man
"
1. Compound DAO is one of the most influential decentralized autonomous organizations in the #cryptocurrency world. It operates a decentralized lending platform that allows users to lend and borrow cryptocurrencies without intermediaries.
The administration of the DAO is based on a voting system in which members own management tokens that give them the right to vote on proposals related to the management of the platform and treasury.
The proposal, in which the golden boy was the protagonist, was to manage a significant portion of the DAO's treasury, equivalent to 5%. The proposal sparked heated debates in the community, and different opinions were expressed about the appropriateness of assigning such a responsibility to a certain group of members. The group, known as the Golden Boys, consists of composite DAO members who have demonstrated skills and knowledge in financial management and cryptocurrencies. Their proposal to manage 5% of the coffers was based on a detailed plan that promised to maximize profits and optimize the use of funds to support the platform's development.
the vote was so close that it reflected the divisions among community members.
The Golden Boys demonstrated that their proposal convinced voters enough to overcome opposition and won by a narrow margin. This small victory underscores the importance of active participation and consensus in the TAO.
The history of the compound DAO
"Golden Man
" provides some valuable lessons for the future of DAO governance and for cryptocurrency governance in general.
1. The importance of transparency and communication:
The Golden Boys' victory emphasizes the importance of clear and transparent communication. Their success is due in part to their ability to present detailed and clear plans that can persuade voters.
2.
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