Difference between revisions of "Credit Guild"
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(Created page with "[https://doseofdefi.substack.com/p/modular-lending-more-than-a-meme From] Dose of DeFi (30-5-2024): '''''"'''Credit Guild intends to approach the already-established pooled lending market with a trust-minimized governance model. Existing incumbents, such as Aave, have very restrictive governance parameters, and more often than not this results in apathy among smaller token holders since their votes seemingly don't change much. Thus, an honest minorit...") |
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[https://doseofdefi.substack.com/p/modular-lending-more-than-a-meme From] Dose of | [https://doseofdefi.substack.com/p/modular-lending-more-than-a-meme From] Dose of DeFi (30-5-2024): | ||
'''''"'''Credit Guild intends to approach the already-established pooled lending market with a trust-minimized [[governance]] model. Existing incumbents, such as [[Aave (AAVE)|Aave]], have very restrictive governance parameters, and more often than not this results in apathy among smaller [[token]] holders since their votes seemingly don't change much. Thus, an honest minority in control of most [[tokens]] is responsible for most changes. Credit Guild turns this dynamic on its head by introducing an optimistic, vetocracy-based governance [[framework]], which stipulates various [[quorum]] thresholds and latencies for varying parameter changes, while integrating a risk-on approach to deal with unforeseen fallouts."'' | '''''"'''Credit Guild intends to approach the already-established pooled lending market with a trust-minimized [[governance]] model. Existing incumbents, such as [[Aave (AAVE)|Aave]], have very restrictive governance parameters, and more often than not this results in apathy among smaller [[token]] holders since their votes seemingly don't change much. Thus, an honest minority in control of most [[tokens]] is responsible for most changes. Credit Guild turns this dynamic on its head by introducing an optimistic, vetocracy-based governance [[framework]], which stipulates various [[quorum]] thresholds and latencies for varying parameter changes, while integrating a risk-on approach to deal with unforeseen fallouts."'' | ||
[[Category:Coins/Tokens]] | [[Category:Coins/Tokens]] | ||
Latest revision as of 03:12, 24 June 2024
From Dose of DeFi (30-5-2024):
"Credit Guild intends to approach the already-established pooled lending market with a trust-minimized governance model. Existing incumbents, such as Aave, have very restrictive governance parameters, and more often than not this results in apathy among smaller token holders since their votes seemingly don't change much. Thus, an honest minority in control of most tokens is responsible for most changes. Credit Guild turns this dynamic on its head by introducing an optimistic, vetocracy-based governance framework, which stipulates various quorum thresholds and latencies for varying parameter changes, while integrating a risk-on approach to deal with unforeseen fallouts."
