Orca Protocol, a promising DAO stack

The Orca Protocol aims to provide DAO specific tools (aka DAO stack) to help them scale, organize and address on-chain governance issues without compromising decentralization.

The protocol aims to build governance around people based on their expertise (motivated actors) instead of their token holdings, allowing for a more modular approach.

  • Token voting: While only representing the few, whales can influence voting as smaller holders have less impact on the outcome. Token voting can also be gamed as someone can purchase/borrow votes in exchange for paying interest to smaller players who are likely to lend for some economic interest. Therefore, token based on-chain governance is not sustainable.

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James Chung

Founder and Contributor @DigitalBankr. I write exclusive research, analysis and market news on all things blockchain, including crypto-assets.