Week of October 19, 2020
- In addition to major feature launches, many protocols have minor parameter decisions (e.g. changing interest rates in MakerDAO) that must be made by token holders
- Most of the governance happens on forums, where users submit proposals and ideas, and community members give their feedback
- The first layer of voting is typically informal to gauge interest, and then proposals are moved to token holder voting (or execution via a multi-signature signers)
Summoning the yDAO to fund value-added contributions to the yEarn ecosystem.