A roundup of some of the most interesting developments in the crypto & blockchain worlds - with a special focus on DAOs & Governance - over the past seven (ish) days.
Uniswap Governance proposal canceled due to Tally voting bug (Twitter thread, Tally bug initial postmortem)
On Aug 19, @ConnorYMartin reported that their Uniswap Governance proposal #7 had been canceled due to a bug on Tally. “The voting process...was significantly impacted by an error in the @voteWithTally interface, wherein a user would submit an "against" vote, and it would be erroneously submitted to the EVM as a "for" vote.”
The team at Tally shared an initial postmortem which detailed that “The bug was not discovered until the ‘Community-Enabled Analytics’ proposal on Uniswap. That proposal was contentious, with similar numbers of ‘for’ and ‘against’ votes,” however, they have not publicly followed up with any takeaways regarding the root cause of this issue yet since reporting on the bug on Aug 19.
The researchers, supported by Uniswap Grants Program & Ethereum Foundation, have published results of their findings (through “semi-structured interviews and exploratory lurking”) on the ethnography of Uniswap's Discord community. They identified several themes where there were conflicts between Uniswap’s vision vs. the actual community dynamics in Discord.
These themes include:
- Users as customers vs. stakeholders - “The Uniswap Discord helps users get answers to their technical questions, but the high volume of support content prevents it from becoming a thriving community gathering space.”
- Governance & accessibility - “Governance is viewed as a process that should involve all participants in discussion, but the structures and processes of governance are disjointed and inaccessible to the average user.”
- "Autonomous" community - “The Uniswap Labs team has a vision for how the community ought to behave, but also expects members to organize themselves without much top-down direction.”
Social Tokens (Twitter thread)
@alexxzzhang shared his thoughts on social tokens and how they have the potential to “function like cities”.
“The tokens themselves can function both as a currency that interoperates a state as well as earn-able liquid equities that represent power, influence, and access - a form of digital real estate.” Similarly, CabinDAO says they are the first 'node' in what will one day be a decentralized city.
Read more on his Mirror page here.
DAO Nation (Mirror Post)
Clay (@crabbylions), crypto investor at Slow Ventures, shares a deep-dive on DAOs from the simplest frameworks...
...to sharing some “guiding ideas” on what will define the future of DAOs:
- DAO tooling will explode
- Flexible privacy will become a prerequisite
- DAOs don’t need to be monoliths
- Making money early misses the point
Cosmos Gravity Bridge is Announced (Article)
Althea announced that they have created the Cosmos Gravity Bridge, “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”, as infrastructure for the Cosmos community. Its primary purpose is to secure the operation of bridges between Cosmos based chains and other blockchain “layer one” ecosystems, starting with Ethereum.