Wrote this article after observing Terra’s governance, and hearing about it potentially becoming a DAO.
As Terra prepares to welcome many more community projects, I hope it resonates with the community and that some of the checks and balances I mention can be implemented!
Some other topics I believe the community should discuss more:
- What should we do with the community fund (Ozone doesnt have to be the only option), and should it take the form of a Treasury rather then just a small fund to help Terra initiatives.
- How to incentivize efficient governance
- Have we explored all opportunities that IBC opens to Terra