DeFi projects without decentralized governance? What's the point?
Cointelegraph
Published Dec 20, 2020 06:37PM ET
Updated Dec 20, 2020 08:20PM ET
The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future.
Sam Bankman-Fried of FTX recently shared that his firm’s involvement in DeFi will be “motivated by short-term profits and is not seeking to have a long-term impact in protocols via governance.” In doing so, he argued that he’s simply using DeFi protocols for their intended purposes.
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Written By: Cointelegraph
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