There are two workable options for decentralized governance of DAOs. Every DAO has to decide which category they fit into, and commit to it. Sadly most DAOs end up not doing this and instead accidentally sleepwalk into the third, unworkable category. Governance minimization of simple systems This is possible if you have a simple protocol that doesn't need constant oversight. Bitcoin, Rai fall under this. Data informed governance of complex systems If you have a complex system, decisions MUST be made based on relevant data. The most common example of this is the use of professional advisor teams, such as risk teams or security auditors Popularity driven governance doesn't work When decisions are just made based on lowest common denominator popularity by whoever are loudest or have the most tokens, regardless of what the available data reveals about what is actually the best solution, the best case outcome is stagnation, and the worst case can be disastrous failures.
This is precisely why I keep advocating for citizen assemblies - rich input from experts but not constrained to the tradition of whatever 'expert thinking' there is on the domain - efficient with attention management but still democratically legitimate thanks to sortition - instead of polarising votes on pre-conceived ideas they leverage deliberation to discover better, win-win ideas or otherwise good trade-offs
@_Daniel_Ospina @RuneKek It's a really interesting political institution for traditional societies. Did you see it working in crypto? I'm not aware of any attempt