DeFi Governance Roundup: Navigating Through the Current Market

Community-led governance through decentralized autonomous organizations (DAOs) is a key feature of many DeFi protocols today. Under this structure of governance, proposals need to be submitted for a governance vote by holders of native protocol tokens before any changes can be made to the existing workings of a protocol. 

This research piece will highlight the recent governance proposals of a few well-established DeFi protocols and look at how some of the proposals have been passed or rejected based on current market conditions. Apart from this piece, an earlier governance roundup piece also covered governance discussions for other top DeFi protocols such as MakerDAO, Compound and Aave.