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Understanding Defi Governance: A Guide for the Average John Guy, Featuring Aragon and SnapshotHelping the average John guy understand the Defi space : Governance, Aragon and Snapshot

Hey everyone,

I’m new to the Defi space and I’m having a hard time understanding Governance, Aragon and Snapshot. Can anyone help me out? I’m trying to get a better understanding of how these three concepts work together and how they can be used to benefit the average John guy. Any advice or resources would be greatly appreciated.

Thanks!

20 thoughts on “Understanding Defi Governance: A Guide for the Average John Guy, Featuring Aragon and SnapshotHelping the average John guy understand the Defi space : Governance, Aragon and Snapshot”

  1. Having this information as new in crypto is very valuable, thanks a lot OP, your series are helping many people to understand Defi way better.

    In my case I feel that defi’s are too risky but is very interesting to understand how they work with ā€œnormalā€ words

    Reply
  2. Interesting. Justice is arguably not working in most countries already but that would be a nasty world to live in, to have this virtual justice, hiring jurors. Imagine now this applying to important real life justice decisions (I know this is not the topic here, we’re talking Defi, etc). That would be scary.. Not happy with the decision, I’ll hire more jurors.. A different version of hell.

    Reply
  3. Aragon court juror buy in cost: 10,000 ANJ or (.015 X ANT at $4.79) X 10,000 = $718.50

    Is this correct?

    Also, with a majority rules structure to the Aragon court, do you see juror fatigue and turnover when jurors consistently disagree with the majority? I would think in a closed system this could lead to suppression of conscience. As there are studies that people will give false answers to agree with the majority even if there are no financial penalties. Introduce penalties and close the system and you have oppression. Open the system and you have loss or turnover of jurors who are may not be similar enough to the majority. This does not seem to support diversity but instead seeks to achieve a collective conscience at the expense of dissenting judgement.

    Could you address this concern?

    Reply

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