Episode Details
Back to EpisodesECB: DeFi Governance Concentrated in Few Hands
Published 5 days, 23 hours ago
Description
New ECB working paper reveals power concentration in DeFi governance: Top 100 holders control over 80% of governance tokens in Aave, MakerDAO, Ampleforth, and Uniswap. Binance stands out as the largest centralized holder. Top voters control majority of delegated power, with many remaining unidentified. Experts warn of hidden risks and challenges in pinpointing real control, pushing regulators to rethink oversight.
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