Disclosures: Delphi has recently taken a position in CVP. This is intended to disclose the potential conflict of interest and should not be misconstrued as a recommendation to purchase CVP. Delphi Digital did not take part in the Alpha or Beta rounds but is interested in joining the Gamma. Participating in future liquidity mining programs comes with risk, which people should evaluate based on their own risk tolerance.
How valuable is governance? In many ways, control is everything. It’s the power to change strategy, alter the economics and decide who reaps the benefits. Governance is an area our team has focused on heavily recently, as evidenced by our entry into DXdao. In that situation, one appealing factor was the ability to vertically integrate the DeFi stack under one governance structure. DXdao would expand its portfolio of DeFi applications either through forking existing protocols or developing new products in-house to further differentiate its offeri