Season 2 | Episode 1
In this episode of Bell Curve, we are joined by Hasu and Chris Ahn for a deep dive into DAOs and business-governance fit. We explore the differences between L1 and application governance, the challenges of achieving scalability and resiliency, why Hasu won't work for another DAO, learnings from traditional corporate governance, token distribution failures, over-indexing on community and more!
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Timestamps
(00:00) Intro: Pre-Interview
(02:21) Defining Business-Governance Fit
(09:34) Layer One Governance
(14:15) Path Dependency & The Power Of Defaults
(21:22) Why Hasu Won't Work For A DAO Again
(27:15) DAO Decision Making & Finding Business Governance Fit
(40:19) Progressive Decentralization, Instant Liquidity & Uphill Battles
(47:37) Hasu’s MakerDAO Proposal Explained
(54:25) Can DAOs Achieve Resiliency & Scalability?
(01:03:23) Balancing Credible Neutrality
(01:09:07) Can A DAO Structure Benefit Early Stage Companies?
(01:17:20) Community Is Overrated
(01:25:38) Coase's Theory Of The Firm
(01:27:59) Is This Only About Censorship Resistance?
(01:32:03) Recap: Post-Interview
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Follow Hasu: https://twitter.com/hasufl
Follow Chris: https://twitter.com/ahnchrisj
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Resources:
Business-Governance Fit (Chris Ahn)
https://station.mirror.xyz/xjAWfo9cqLDLTjU2eamDIvuK09QrawY1nk5MXaXmZT4
Hasu's MakerDAO proposal
DAOs Are Not Corporations (Vitalik)
https://vitalik.ca/general/2022/09/20/daos.html
Convex and Concave Dispositions (Vitalik)
https://vitalik.ca/general/2020/11/08/concave.html
I Pledge Allegiance (podcast)
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Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.
It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.
The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/
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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.