On Exercising Governance Power in Decentralized Autonomous Organizations

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arXiv:2607.26204v1 Announce Type: new Abstract: A decentralized autonomous organization (DAO) is a governance entity that allows its stakeholders to manage blockchain-based protocols through smart contracts. The DAO explicitly specifies how stakeholders make and enforce decisions concerning a protocol's operation in a smart contract, aptly referred to as its governance contract. The design of this governance contract, therefore, has far-reaching implications for the security (trust) and privacy