Perils of current DAO governance
<|reference_start|>Perils of current DAO governance: DAO Governance is currently broken. We survey the state of the art and find worrying conclusions. Vote buying, vote selling and coercion are easy. The wealthy rule, decentralisation is a myth. Hostile take-overs are incentivised. Ballot secrecy is non-existent or short lived, despite being a human right. Verifiablity is achieved at the expense of privacy. These privacy concerns are highlighted with case study analyses of Vocdoni's governance protocol. This work presents two contributions: firstly a review of current DAO governance protocols, and secondly, an illustration of their vulnerabilities, showcasing the privacy and security threats these entail.<|reference_end|>
@article{kharman2024perils,
    title={Perils of current DAO governance},
    author={Aida Manzano Kharman and Ben Smyth},
    journal={arXiv preprint arXiv:2406.08605},
    year={2024},
    archivePrefix={arXiv},
    eprint={2406.08605},
    primaryClass={cs.CY}
}