Governance Roundup: Current Discussions in Major DeFi Communities

In addition to major feature launches, crypto protocols must make decisions about minor parameters to maintain and develop their systems as market conditions change and new technologies are made available. 

To this end, DAOs have arisen to try to accomplish this in a decentralized way, where token holders are delegated or used to vote directly on decisions. The first stage of voting is typically informal, with community members submitting proposals for discussion in forums. Then, the second stage is formalized via token-weighted polling or multi-signature execution.