Web3 treasuries and polycentric governance
Blockchain communities need to embrace more tools for polycentric governance
Governing the many billions of dollars of digital assets in web3 treasuries is hard.
How big should your treasury be? Should you diversify? Who makes decisions? Who executes decisions? What do good decisions look like?
My aim in this piece is to argue that treasuries should embrace polycentric governance to solve these problems. And we need better [decentralised autonomous organisation] DAO tools to facilitate that polycentric innovation.
