What is the future vision for Decentralized Governance?
As KlimaDao founders wrote, we believe that “decentralization is a spectrum rather than a binary.”
“Few, if any, Web 3.0 institutions begin fully decentralized, and Moss is no exception. Decentralization is a journey, an ideal that Moss must strive toward.”
One potential issue with limiting MIP publication to the Core team and Moss departments is that the voting process can turn into a “rubber stamp” of changes planned centrally. Over time, our goal is to decentralize as many governance functions as possible, to minimize any dictatorial power exerted by the Moss contributors or core team and ensure that votes are meaningful.
However, not all governance functions are amenable to the same systems — for instance, one-to-one token voting can be gamed via bribes or exploited by whales to benefit themselves at the expense of the protocol. Likewise, opening up publication of MIPs on Snapshot to any holder of Moss could turn Snapshot into a sprawling mess of poorly structured proposals.
As we work to decentralize more aspects of the protocol, we will research best practices and seek community input on the optimal governance system for each function.
A potential solution to responsibly decentralize MIP publication rights is a “stewardship” model, where representatives are elected by token holders to a committee that has publication rights to Snapshot, controlled by a dedicated multisig that requires some level of consensus among the elected representatives before the proposal is published. We promise to adjust the decision model as it evolves.
NOTE: Adapted from KlimaDAO's Future Vision for Decentralized Governance: https://docs.klimadao.finance/dao/governance-framework#future-vision-for-decentralized-governance