Governance Futures

Governance Futures

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Governance Futures episodes

  • S.1 Ep.18 Neural Quorum Governance and the Culture of Decentralization with Anke Liu

    In this final episode of Governance Futures Season 1, hosts Jamilya and Eugene speak with Anke Liu, Governance Lead at the Stellar Development Foundation (SDF), about Neural Quorum Governance — a novel mechanism co-developed with BlockScience to make community funding more equitable, modular, and participatory.


    As the Ecosystem Growth Lead at the Stellar Development Foundation, Anke Liu (X: anke_g_liu) oversees programs and initiatives catalyzing innovation and expansion of the Stellar Ecosystem, including the Stellar Community Fund and the Stellar Ambassador Program. Her collaboration with BlockScience on the creation of Neural Quorum Governance paves the way for a new standard for reputation-based governance. Anke is driven by a passion for decentralized coordination structures and impactful innovation in Web3.

     

    Anke shares how Stellar’s governance evolved from simple community voting into a complex but flexible model balancing reputation, delegation, and trust. The discussion covers privacy vs. transparency, the cultural foundations of decentralization, and what it takes to sustain engagement across bear markets. Anke also reflects on the future of DAO incentives, identity, and the importance of effort and culture in keeping governance systems alive.

     

    The episode closes with Anke’s one-word vision for governance: Plural.

    Some of the materials we mention in the episode:

    1. Stellar: https://stellar.org/

    2. Stellar Community Fund (SCF): https://communityfund.stellar.org/
    3. Stellar Community Fund Handbook: https://stellar.gitbook.io/scf-handbook/governance/neural-quorum-governance
    4. Introducing Neural Quorum Governance: https://blog.block.science/introducing-neural-quorum-governance/
    5. The Story Behind Neural Quorum Governance: https://blog.block.science/the-story-behind-neural-quorum-governance/
    6. The Road Ahead — SCF’s Implementation of Neural Quorum Governance: https://medium.com/stellar-community/the-road-ahead-scfs-implementation-of-neural-quorum-governance-4f44d22fa370
    7. NQG Voting Report- https://hackmd.io/@blockscience/ryujino3p
    8. Metagov Seminar - On Neural Quorum Governance (Liu): https://www.youtube.com/watch?v=-qVfZq8zJKg

    Timestamps:

    00:00 – Cold Start

    00:49 – Introduction: Hosts Jamilya and Eugene open the season finale

    02:49 – Reflections on Season 1 and setting the stage for Anke’s episode

    04:40 – Anke’s story: from COVID community organizing to blockchain governance

    06:42 – Spotting red flags and burnout in community building

    08:51 – Why genuine communities survive beyond hype cycles

    09:47 – Origins of Neural Quorum Governance (NQG)

    10:50 – How neural weighting and quorum delegation work

    13:11 – Designing NQG with BlockScience and Stellar’s trust-based ethos

    15:11 – Comparing governance models across ecosystems

    17:06 – Inside the Stellar Community Fund: panels, reviews, and voting cycles

    18:48 – The Pathfinder, Navigator, and Pilot system of roles

    20:35 – Delegate selection, quarterly nominations, and accountability

    22:44 – Delegation cycles, abstaining votes, and participation rules

    24:18 – Voting rounds, timing, and flexibility in the SCF process

    26:45 – Iteration over two years: evolution and $30M in grants

    28:27 – Adding “neurons” and metrics for voting quality

    30:20 – Measuring fairness: decentralization and Theil index

    32:02 – Improving equity and access for newcomers

    34:23 – Reputation, learning, and how new contributors gain voting power

    36:15 – Decentralization challenges and trade-offs

    38:27 – Privacy vs. transparency: the hardest governance problem

    41:17 – Institutional adoption, privacy demands, and zero-knowledge tech

    44:35 – Balancing delegate protection and verifiability

    47:51 – Enterprise privacy vs. open decision-making

    49:43 – Identity, Proof of Humanity, and reputation layers

    51:54 – Culture as the heart of governance systems

    55:51 – Rethinking decentralization and the end of the foundation era

    58:02 – Open infrastructure, transparency, and credible neutrality

    59:52 – Decentralization as global participation and collective trust

    01:01:58 – Functional transparency: information vs. comprehension

    01:03:55 – Simplicity, effort, and “AI slop” in governance systems

    01:05:26 – Grant writing, human effort, and AI misuse

    01:07:22 – Local communities, ambassadors, and human onboarding

    01:08:32 – Future experiments: identity, reputation, and incentives

    01:10:30 – Balancing intrinsic motivation with governance rewards

    01:12:22 – Quiz: Access, Culture, Effort, Plural

    01:17:06 – Closing credits and reflections on Season 1

    1 hr 18 min
  • S.1 Ep.17 Security, DAOs, and Human Error: Threat Modeling Web3 with Isaac Patka

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Isaac Patka about the evolving landscape of security in decentralized systems.


    Isaac Patka is a developer and founder in the Ethereum ecosystem specializing in security and compliance infrastructure. He is the co-founder of Shield3, which conducts incident response training through Wargames exercises for major DeFi and infrastructure protocols, performs operational security audits including multisig configuration and infrastructure reviews, and builds policy and compliance infrastructure specifically for stablecoin projects.

    Isaac is also a founding member and initiative lead at the Security Alliance (SEAL), an industry group of top researchers, auditors, developers, and lawyers working together to improve the security landscape of web3.

    Isaac brings a rare mix of technical insight and human awareness to Web3, exploring how culture, design, and attention failures shape the vulnerabilities of DAOs.

    The conversation dives into topics like proof of inattention, optimistic governance, and the hidden power of dispute resolution. Isaac shares stories from his work in white-hat hacking, DAO roasts, and wargaming—real-world simulations that help protocols identify weak points before hackers do. He also explains why paranoia is healthy in crypto, why multi-sigs often fail from social engineering rather than code, and how simple practices can drastically reduce risk.

    The episode closes with reflections on AI, security culture, and why the future of governance may look a lot like the past—council-driven, human-centered, and built on trust.

    Security Alliance (SEAL): https://www.securityalliance.org/
    SEAL Frameworks: https://www.securityalliance.org/frameworks
    Wargames: https://www.securityalliance.org/wargames
    NounsDAO: https://nouns.wtf/

    Timestamps:
    00:00 – Cold start
    00:56 – Introduction: Jamilya and Eugene welcome Isaac Patka
    03:06 – Why everyone eventually gets phished: real-world hacks and human error
    05:23 – The growing attack surface in decentralized ecosystems
    07:42 – The birth of DAO Roasts: fact-checking decentralization claims
    10:04 – NounsDAO and the challenge of decentralization with veto power
    12:23 – White-hat hacking: testing governance systems responsibly
    14:48 – Defining white-hat vs. gray-hat ethics in crypto
    17:07 – How security gray zones blur the line between defense and offense
    19:24 – The LampDAO experiment: voting to turn a real-world light on and off
    21:47 – DAO governance meets physical reality and off-chain limits
    24:07 – “Proof of inattention” as a governance failure mode
    26:31 – Delegates, fatigue, and the limits of direct democracy
    28:54 – Why most voters copy trusted delegates without understanding proposals
    31:15 – Guardrails and veto power: trade-offs in optimistic governance
    33:36 – The real locus of power: dispute resolution and enforcement
    35:55 – The origins of Security Alliance and the birth of WarGames
    38:16 – Simulating incidents: chaos drills for DeFi protocols
    40:42 – Threat modeling: finding vulnerabilities beyond smart contracts
    43:01 – SEAL-911: the crypto emergency hotline
    45:17 – Human trust in automated systems: staking and delegation
    47:39 – Why protocols still underestimate operational risks
    50:06 – Security culture: humans all the way down
    52:30 – Paranoia as a governance virtue
    54:51 – Practical safeguards: how to verify urgent messages and avoid scams
    56:54 – AI in governance: new attack surfaces and security implications
    59:19 – Overwarning fatigue and the limits of “Accept risk and sign” popups
    01:01:35 – Access control and permission boundaries in multisigs
    01:03:52 – How to stay safe: real-world scams and social engineering examples
    01:08:34 – Long cons, fake grants, and deepfakes in the crypto world
    01:12:59 – Vigilance without paranoia: staying human in security
    01:15:22 – Physical safety, seed phrases, and low-profile best practices
    01:17:43 – Crypto conferences, travel safety, and not standing out
    01:19:59 – Security frameworks and starting points for learning
    01:22:24 – What DAOs should fix first: access control
    01:22:59 – Why decentralization is the most misused word in Web3
    01:23:36 – The future of governance: humans, councils, and lessons from the past
    01:24:15 – Closing thanks and outro



    1 hr 24 min
  • S.1 Ep. 16 Privacy, Solidarity, and the Future of Digital Governance with Dr. Joachim Schwerin

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Dr. Joachim Schwerin.


    Joachim Schwerin is PhD economist, blockchain expert and privacy activist with 35 years of experience in academia, the public sector and metapolitical networks. He is also Principal Economist in the unit in charge of Responsible Business Conduct within the Directorate-General Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) of the European Commission, where his current focus lies on developing positive framework conditions for DAOs and Web3. In the financial domain, he contributed to the EU’s Digital Finance Strategy, including the MiCA Regulation, and the preparatory work for the Digital Euro.

    The conversation moves from the historical roots of centralization to the potential of blockchain for rebuilding community-driven governance. Dr. Schwerin reflects on the balance between individual resilience and systemic change, the dangers of policy inertia, and how the digital domain allows people to preserve culture, identity, and solidarity in uncertain times.

    The episode closes with his message of hope: the future of governance lies in self-organized communities that act, not just talk.


    Timestamps:
    00:00 – Cold Start
    00:57 – Hosts Jamilya and Eugene introduce Dr. Joachim Schwerin
    02:19 – Solidarity, privacy, and resilience — the themes of the episode
    04:20 – How Dr. Schwerin entered blockchain and governance
    06:14 – From self-organizing communities to centralized control
    08:35 – Blockchain as a societal revolution and tool for liberation
    10:56 – Politics, crypto, and the parallels between Web3 and global governance
    12:36 – Prussia, identity, and the digital domain as a safe harbor
    16:59 – Micronations, Liberland, and the history of experimental governance
    19:12 – The rise of digital states and the competition of ideas
    21:31 – Privacy and industrial competitiveness: the hidden connection
    23:09 – Privacy as a foundation for self-organization and innovation
    25:22 – How states misuse privacy narratives for control
    27:39 – Why even corporations and governments rely on privacy tech
    29:14 – Everyday privacy: practical ways to protect yourself
    31:39 – What it means to be a “privacy activist” in daily life
    34:02 – Trust, DAOs, and why real governance starts offline
    36:22 – Generational change and the slow death of legacy systems
    38:42 – Banks, surveillance, and standing your ground
    41:17 – Activism through example: living privacy by doing
    43:06 – The inner life of “the system” and finding allies in institutions
    45:27 – Serving the nation vs. serving power: lessons from Prussian ethics
    47:28 – The collapse of old systems and seeds of renewal
    49:40 – Hope amid surveillance: resilience in restrictive environments
    51:41 – Finding strength in solidarity and the legacy of values
    56:05 – What triggers change: crisis, policy, and collective adaptation
    58:28 – How every crisis pushes people toward decentralization
    01:02:17 – Designing the next governance model: trade-offs and trust
    01:04:37 – One person, one vote? Rethinking cooperative governance
    01:06:57 – Generational shifts, innovation, and the inevitability of change
    01:09:23 – The fear of death, the persistence of power, and legacy systems
    01:12:00 – Overcoming division and starting change with one person
    01:12:37 – Rapid-fire quiz: philosophy, integrity, and governance lessons
    01:14:01 – Pitfalls of delay and the courage to act
    01:15:31 – The future of governance: self-organized communities
    01:16:10 – Closing thanks and outro

    1 hr 17 min
  • S.1 Ep. 15 Calm Technology, DAO Games, & the Anthropology of Governance with Amber Case

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Amber Case (Cyborg Anthropologist), technologist, author, and founder of the Calm Technology Institute.


    Case explores how humans and technology co-evolve — a field she helped pioneer as one of the world’s leading voices in cyborg anthropology. The conversation dives into lessons from Case’s DAO Game, a simulation designed to help communities stress-test governance systems before launching. Drawing from Case's work on Calm Technology, Case explains why governance must account for human limits, how inclusive design mirrors ancient rituals, and why “design is governance.” The episode explores patterns in community behavior — from country clubs to DAOs — revealing that while tools change, human coordination remains timeless.

    Case closes with reflections on AI, collective learning, and why the future of governance might just look a lot like the past.

    Some of the materials we mention in the episode:
    - An Illustrated Dictionary of Cyborg Anthropology (PDF) - https://caseorganic.gumroad.com/l/anthropdf Design is governance - https://www.youtube.com/watch?v=clxm5qW3pao&t=1s Calm Governance - https://www.calmtech.institute/

    - Design is governance - https://www.youtube.com/watch?v=clxm5qW3pao&t=1s

    - Calm Governance - https://www.calmtech.institute/

     

    Timestamps:

    00:00 – Cold Start

    00:56 – Introduction: Jamilya and Eugene reflect on their conversation with Amber Case

    02:23 – First impressions: cyborg anthropology and governance

    04:15 – What is cyborg anthropology? Humans, tech, and adaptation

    06:14 – The birth of wikis and the evolution of online collaboration

    08:38 – Wiki culture, editing systems, and governance through software

    11:06 – Invisible governance: how online communities self-organize

    13:32 – Digital identity, hyper-sigils, and the self in online life

    15:11 – Simulating governance: why Case built the DAO Game

    17:34 – How DAO Game helps players experience governance dynamics

    19:12 – Why every DAO should test its governance as a game

    20:13 – Governance as a marathon: lessons from boardrooms to DAOs

    22:41 – What really happens behind the scenes of board governance

    25:02 – Rituals, trust, and the hidden rules of community participation

    27:24 – Old wisdom in new systems: lessons from Ostrom and co-ops

    29:49 – Origins of “DAO” and the automation of home systems

    31:58 – Are DAOs just repeating human governance patterns?

    33:55 – Design is governance: how architecture shapes participation

    36:21 – Inclusive vs. exclusive design and the myth of openness

    38:45 – Entropy, ecosystems, and why good governance reduces chaos

    41:02 – Boundaries, belonging, and the emotional work of inclusion

    42:55 – How to handle community tensions and exclusivity

    44:54 – Measuring vibes: Case’s 60-point community scoring system

    48:21 – Reducing entropy through shared rituals and space design

    50:44 – Training community members and fostering stewardship

    53:07 – Recognizing creativity, humility, and contribution

    55:34 – Legos, learning, and what makes great collaborators

    57:18 – The social awareness matrix: identifying healthy dynamics

    59:36 – Group design, collaboration, and cultural literacy

    01:02:26 – The politics of cleanliness, care, and invisible labor

    01:05:39 – The Phoenix Project: bottlenecks, burnout, and learning loops

    01:08:49 – Calm Technology and AI: using minimal tech for maximum care

    01:10:56 – Why messy spaces produce creativity and innovation

    01:13:14 – Final reflections and the rapid-fire governance quiz

    01:14:18 – One-word quiz: Constraint, History, Sobriety, Past

    01:15:30 – Closing thoughts and outro

    1 hr 16 min
  • S.1 Ep. 14 Scaling Local: Culture, Decentralization, and the Science of Governance with Seth Frey

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Seth Frey, computational social scientist and researcher of governance, common pool resources, and online communities. Seth brings insights from years of studying how people self-organize — from Minecraft servers to DAOs — and explores what digital communities can learn from Ostrom’s theories of commons management.


    The conversation covers the roots of governance in human behavior, why DAOs struggle not from a lack of tools but from a lack of community managers, and why decentralization without culture leads to chaos.

    Seth shares lessons from online systems like Minecraft and Reddit, reflects on the balance between centralization and decentralization, and discusses how “off-chain” culture and human development are the true frontiers of Web3 governance. The episode closes with his one-word vision for governance: Scaling Local.

     

    Some of the materials we mention in the episode: Online communities as model systems for commons governance- https://enfascination.com/weblog/post/2907

    Timestamps

    00:00 – Cold start

    01:00 – Introduction: Hosts reflect on their conversation with Seth

    04:25 – Overview of Seth’s work on governance and common pool resources

    05:57 – Parallels between traditional and digital commons

    08:11 – Applying Ostrom’s framework to digital resources

    10:11 – The Ostroms’ contribution: self-organization beyond market and state

    12:34 – Eleanor Ostrom’s legacy and early research journey

    14:35 – Defining common resources in Web3: attention and computational limits

    15:42 – Lag, attention, and other finite digital resources

    18:02 – What Minecraft communities teach us about self-governance

    20:00 – Bureaucracy and creativity in online worlds

    22:26 – Rules as history lessons vs. proactive governance

    24:11 – From informal play to formal systems: emergent order in communities

    26:20 – How users invented governance in Minecraft

    28:34 – Human motivation in governance: enthusiasm vs. apathy

    30:43 – When democracy is appropriate — earning participation

    33:02 – The problem with solving problems you don’t yet have

    34:53 – Benevolent dictatorships and transitions to community management

    37:02 – Why communities resist picking up the ball of participation

    39:21 – Learning from lived experience, not ideology

    41:03 – Off-chain culture, vibes, and the role of community managers

    43:11 – Building strong community culture as a governance project

    45:12 – The science of vibes and sustaining good culture

    47:15 – Redefining decentralization and polycentric governance

    49:36 – Power, purity, and the myth of total decentralization

    51:30 – Bureaucracy as fairness and human-centered governance

    53:29 – Training people to govern: developing human capacity

    55:30 – Technology vs. people — garbage in, garbage out

    56:20 – Leadership’s paradox: top-down democracy building

    58:37 – Standardizing culture without killing diversity

    01:00:48 – Polycentric systems: designing top-down and bottom-up balance

    01:03:02 – AI in governance: developmental, not managerial

    01:05:26 – AI as a tool for training future human governors

    01:07:24 – One-word quiz: Inspiration, Futility, Off-chain, Scaling Local

    01:14:19 – Closing reflections and outro

    1 hr 16 min
  • S.1 Ep. 13 Impact, Evidence, and the Future of Web3 Grant Governance with Mike Cooper

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Mike Cooper.


    Mike Cooper is an experienced social scientist with 17 years of leadership in impact strategy and measurement for numerous multilateral, bilateral, and other social impact groups, including the World Bank, various UN agencies, USAID, FCDO, MCC, and others. He specializes in the curation and use of evidence for decision-making in decentralized systems. He is currently working with Metagov on creating standards for impact planning and measurement.

    Mike brings his background in international development to the challenges of Web3, exploring how impact should be defined, measured, and planned for in decentralized ecosystems. The conversation covers the culture of Web3 grant programs, the pitfalls of vanity metrics, and why problem definition must come before funding solutions.

    Mike shares insights on how decentralization does (and doesn’t) correlate with impact, the importance of creating an “evidence commons” for governance experiments, and lessons Web3 can learn from commons management and collective action models. The episode closes with Mike’s one-word vision for governance: variety.

    Timestamps:

    00:00 – Introduction and hosts’ reflections on Web3 grants
    04:52 – Mike’s background in international development and impact framing 07:13 – Defining impact: problems, strategies, and measurement
    10:24 – Grants as marketing vs. solving real problems
    12:36 – Web3’s potential as a transformational tool for social impact
    14:14 – Lessons from decentralization in international development
    16:22 – Culture of Web3 grants and gaps in transparency
    18:05 – Comparing Web3 grants with traditional gold standards
    20:23 – Emerging standards and the role of Metagov’s Grant Impact Handbook
    22:04 – Why decentralization doesn’t guarantee impact
    23:41 – Governance paralysis, inefficiencies, and planning gaps
    25:36 – Performative decentralization vs. honest centralization
    27:32 – Experimentation, evidence, and governance design
    29:58 – Outputs vs. outcomes vs. impact
    34:08 – Network growth vanity metrics and flawed assumptions
    36:23 – Problem definition as the foundation for impact
    38:04 – Measuring long-term impact and sustainability of projects
    40:00 – Developing the Grant Impact Handbook
    42:25 – AI, mechanisms, and knowledge translation in grant governance 44:01 – Mechanism libraries and evidence standards
    46:24 – Building an evidence commons for Web3
    50:12 – Cultural and organizational hurdles to adopting evidence use
    52:11 – Incentives for grantees and grant programs
    54:29 – Funding pressures and bull/bear market dynamics
    56:26 – Leadership, hierarchy, and who drives impact culture
    58:44 – Capital allocation’s role in ecosystem success
    01:00:12 – Learning from mistakes and failure festivals
    01:02:12 – The case for an evidence commons in Web3
    01:05:50 – Champions, culture, and incentives for evidence use
    01:08:14 – Toward performance standards and shared learnings
    01:10:11 – Quiz: commons, principles, decentralization, variety
    01:11:12 – Closing thanks and outro

    1 hr 12 min
  • S.1 Ep. 12 Lido’s Dual Governance: Balancing Delegates, stETH Holders, and DAO Maturity

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Jen, DAO Comms Lead at Lido, about the launch of Lido’s dual governance model.

    Jen shares her journey into governance, her perspective on decentralization, and how Lido is addressing value alignment between token holders and stETH users.

    The conversation explores how dual governance gives stETH holders veto power, the role of delegate incentives, and the challenges of combining technical complexity with inclusive participation.

    Jen also reflects on Vitalik’s call to “burn down” legitimacy, why governance should evolve instead, and how clarity matters more than total transparency.

    The episode closes with a rapid-fire quiz, where Jen sums up the future of governance in one word: adaptability.

    Some of the materials we mention in the episode:

    Dual Governance at Lido: https://x.com/TariQuin/status/1941154197870915950
    Vitalik recently said:
    https://youtu.be/pPZZ25qSprY?feature=shared&t=1590

    Timestamps:

    00:00 – Cold Start

    00:54 – Introduction and reflections on Lido governance

    04:46 – Jen’s path into governance and joining Lido DAO

    07:08 – Defining decentralization and Lido’s approach

    10:11 – Times Square billboard and dual governance announcement

    12:47 – Lido’s governance process before dual governance

    14:34 – Delegate incentive program and oversight committee

    18:18 – Governance as work: paying for delegate contributions

    19:30 – Dual governance explained: stETH holders’ right to exit

    23:27 – Safeguards, vetoes, and community alignment

    25:08 – LDO vs. stETH holders: reactions to dual governance

    29:12 – Governance expertise, DAO challenges, and delegate roles

    31:53 – Why governance should serve the product, not dominate it

    35:59 – Technical complexity and the need for education

    40:24 – Committees, mandates, and decentralization trade-offs

    43:39 – Balancing operations, transparency, and security

    48:34 – The role of AI in governance clarity and summaries

    52:12 – Legitimacy, Vitalik’s critique, and evolving governance

    58:03 – Tokens, utility, and the uniqueness of DAOs

    59:57 – Research priorities: defining the scope of DAO governance

    01:05:46 – One-word quiz: decentralization, governance, adaptability

    1 hr 9 min
  • S.1 Ep.11 Plurality, Community Currencies, and the Future of Networked Governance with Puja Ohlhaver

    In this episode of Governance Futures, hosts Jamilya and Eugene speak with Puja Ohlhaver about her latest paper on community currencies and the PCARE model. She explains how her work builds on earlier frameworks, critiques one-token-one-vote models, and offers new approaches for balancing money, votes, attention, and influence.


    Puja Ohlhaver is a lawyer, technologist, and innovator focused on renovating democracy to resist authoritarian drift in the age of AI. As a member of Harvard’s GETTING-Plurality Research Group at the Allen Lab for Democracy Renovation, her work bridges law, economics, and computation to build pluralistic governance that empowers communities to rapidly scale cooperation across networks without succumbing to surveillance. Her most recent work explores how community currencies can rebalance attention and influence to amplify collective voices within frontier AI models, while hardening systems against both capture and overreach. Ohlhaver co-authored Decentralized Society: Finding Web3’s Soul with Glen Weyl and Vitalik Buterin. Her commentary has appeared in The New York Times, Washington Post, Politico, WIRED, and Time Magazine. The conversation dives into the economic and political theory behind PCARE, its potential role in reconciling financial and non-financial commitments, and how subsidiarity and plurality can foster healthier governance systems. Puja also shares perspectives on the role of AI, digital reputation, and why legitimacy must be rooted in local communities while still enabling global cooperation.

    The episode closes with her vision for the future of governance in one word: plurality.

    Some of the materials we mention in the episode:

    - Ohlhaver, Puja and Nikulin, Mikhail and Berman, Paula, Compressed to 0: The Silent Strings of Proof of Personhood (March 6, 2024). Available at SSRN: https://ssrn.com/abstract=4749892 or http://dx.doi.org/10.2139/ssrn.4749892

    - Ohlhaver, P. (2024, October 1). Common Knowledge Machines: From Community Notes to Community Posts. Substack. https://pujaohlhaver.substack.com/p/common-knowledge-machines

    - Ohlhaver, Puja, Community Currencies: The Price Of Attention And Cost Of Influence In A Networked Age -or-The Price Of Entry And Cost Of Exit In A Networked Age (January 02, 2025). Available at SSRN: https://ssrn.com/abstract=5136037 or http://dx.doi.org/10.2139/ssrn.5136037

    - Ohlhaver, P. [deep dives w/thefett]. (2024, September 30). Community currencies and PCARE with Puja Ohlhaver [Video]. YouTube. https://www.youtube.com/watch?v=Rpt8PBWgdRw

    - Ohlhaver, P. (2024, October 15). Why community currencies are crucial for governance in DeSoc (Ep. 588) [Video]. YouTube. https://www.youtube.com/watch?v=zRnYj_4GQHs 

    Timestamps

    00:00 – Teaser/Preview
    01:11 – Introduction and hosts’ reflections on Puja’s paper
    04:46 – Puja’s personal, political, and economic motivations for community work
    09:09 – AI, crypto, and decentralization beyond state power
    11:31 – Community posts, discourse, and polarization online
    18:04 – From Soulbound Tokens to community currencies: evolution of ideas
    25:52 – Incentive alignment, liquefaction, and empty voting critiques
    30:08 – Attention, influence, and the theory of power in networks
    34:27 – Pareto’s law and the dangers of one-token-one-vote
    40:21 – How PCARE introduces trade-offs between money and voting
    44:37 – Why irrevocable stake matters for influence
    48:55 – Subsidiarity, plurality, and justice in community currency design
    53:05 – Community-based income and social recombination
    57:22 – Enforcement, bribery, coercion, and community governance
    01:01:10 – AI, neural networks, and identity as a networked self
    01:06:30 – Reputation, relational context, and bridging communities
    01:12:14 – Global vs. local currencies and legitimacy in communities
    01:17:18 – Locality, legitimacy, and reorienting away from anti-social media
    01:21:09 – Future experiments: civil society, social media, and music communities
    01:25:12 – Where community currencies could start in practice
    01:27:52 – Closing reflections before the one-word quiz
    01:33:04 – One-word quiz: trust, plurality, and the future of governance
    01:34:11 – Outro

    1 hr 35 min
  • S1 Ep.10 Arbitrum’s Governance Evolution: Delegates, Decentralization, and DAO Maturity

    In this episode of Governance Futures, hosts Jamilya and Eugene sit down with Mateusz Rzeszowski and Raam Chandrasekharan of the Arbitrum Foundation to discuss Arbitrum’s evolving governance model.

    They trace the DAO’s journey from its “big bang” launch to today’s more structured system, highlighting initiatives like the new Operations Company and Arbitrum-aligned entities designed to improve accountability while keeping token-holders in control.

    The conversation also explores delegate participation and incentives.

    With hundreds of thousands registered but only a fraction active, Arbitrum has tested different incentive programs - sometimes leading to unintended behaviors like AI-generated comments.
    Mateusz and Raam share how recent updates aim to reward meaningful contributions and attract larger stakeholders, while stressing that long-term governance should be driven by alignment, not compensation.

    Throughout, they reflect on the balance between decentralization and efficiency, the importance of facilitation, and what DAOs can learn from political philosophy and even nature.

    It’s a candid look at how one of the largest DAOs is navigating growth and maturity.

    Some of the materials we mention in the episode:

    Updates to the DIP- https://snapshot.box/#/s:arbitrumfoundation.eth/proposal/0x008f190725018c3db0e6464bf31d44f09a4d7773fd1486dff0c52c27b8aba289
    Vision for the future of Arbitrum - https://forum.arbitrum.foundation/t/a-vision-for-the-future-of-arbitrum/28962
    The Operation Company (OpCo) proposal - https://www.tally.xyz/gov/arbitrum/proposal/41351298371775353090222506531903916823291804644712693824312064183457809617851?govId=eip155:42161:0x789fC99093B09aD01C34DC7251D0C89ce743e5a4

    Timestamps

    00:00 – Episode introduction & host overview (Arbitrum’s governance context)

    04:32 – Guest introductions: Mateusz and Raam share their backgrounds
    09:37 – Governance overhaul: new vision with an Operations Company and aligned entities
    15:58 – DAO origins & maturity: from Arbitrum’s decentralized launch to structured evolution
    20:07 – Delegate engagement: registered vs. active participation in the DAO
    21:43 – Centralization debate: balancing operational efficiency with token-holder power
    25:10 – Decentralized legitimacy: how the DAO retains control over aligned entities
    27:31 – Governance facilitators: team roles as peacemakers and execution overseers
    37:08 – Delegate incentives: program design, gaming the system, and improvements
    44:57 – Incentive alignment: fostering intrinsic commitment versus financial rewards
    01:05:48 – Quick-fire quiz: one-word answers on the future of governance
    01:06:25 – Closing Note

    1 hr 7 min
  • S.1 Ep.9 Futarchy, Prediction Markets & the Future of DAOs — Vaughn McKenzie-Landell, CEO of Butter

    In this episode, we sit down with Vaughn McKenzie-Landell to explore how market-driven decision-making can transform DAO governance. Vaughn is CEO & co-founder of Butter, who are bringing Information Finance to Ethereum — starting with Futarchy. He started his career at Dow Jones but exited TradFi after a google search in 2009 delivered him into the BitcoinTalk forum.


    Together, we break down Butter’s evolution from simple delegate-payments to more complex schemes like proposal auctions and peer prediction, with each iteration teaching valuable lessons. We dig into their latest futarchy experiments – for example, running market-based grant allocations for Optimism’s ecosystem and for the Uniswap Foundation – where clear objectives (like growing total value locked) were set and participants bet on which projects would best achieve them.

    Along the way we cover practical challenges: choosing objective metrics (often ROI), incentivizing honest participation, and even regulatory hurdles. Finally, we consider what this all means for the broader DAO space: futarchy seems well-suited to big funding decisions with measurable outcomes, while simpler proposals may still be handled by more traditional votes.

    The episode wraps up by highlighting how continual experimentation – a bit of a “kaizen” (改善 - a Japanese term meaning continuous improvement (“kai” = change, “zen” = good) mindset – is shaping a more innovative, resilient future for decentralized governance and capital allocation.

    Timestamps

    00:00 Introduction to Governance Futures Podcast
    04:13 Exploring Futarchy and Its Applications
    11:00 Governance Challenges and Information Problems
    12:59 Understanding Futarchy in Simple Terms
    18:55 The Evolution of Butter and Initial Experiments
    26:52 Misconceptions About Futarchy and Prediction Markets 33:40 Concrete Experiments and Their Outcomes
    55:30 Future of Governance and Futarchy Models
    01:00:22 Navigating Regulatory Challenges in Crypto
    01:09:53 Quiz and Closing Remarks

    1 hr 16 min

About Governance Futures

From the publisher's feed

Welcome to Governance Futures - a podcast where we explore how governance works (and fails) in Web3 and beyond. Hosted by Eugene Leventhal and Jamilya Kamalova, each episode dives deep into the evolving principles of coordination, accountability, and collective decision-making in decentralized ecosystems.