The most important thing that can be done today is moving away from the idea that coin voting is the only legitimate form of governance decentralization.

While it is possible for DAOs to emulate cooperative governance, it’s more common to observe the easier-to-implement governance pattern of one-token, one-vote, since verifying one’s personhood is still a nascent field in the world of blockchain. 

---------SIGNAL VS NOISE Social governance in DeFi applications is usually coordinated through online forums and Discord channels. Snapshot applications conduct "off-chain" voting before protocol changes are encoded on the blockchain. DeFi governance evolved organically but created a lot of noise because proposals, discussions, and votes spread acr... See more

The limited representation of DAO membership is problematic because important decisions about DAO governance, equity and operations can only take single-dimension token ownership as input, or else rely on manual human assessment.