The Messy State of Crypto Governance with Jito Foundation's Nick Almond | The Breakdown

Nick Almond of the Jito Foundation joins David to walk through why DAO governance is a mess, what “pragmatic decentralization” looks like in practice, and how the CLARITY Act will reshape governance going forward. Enjoy! TIMESTAMPS: 00:00 Intro 01:22 Why Governance Matters 03:43 Token Voting 05:12 Delegates and Multisigs 08:56 Nexo Ad 09:30 Sub-DAOs and Specialization 11:33 Governance Tokens Origins 15:47 Pragmatic Decentralization 18:22 Cosmetic Votes and Value 20:37 Nexo Ad 21:35 Arbitrum Governance 25:59 Regulation and CLARITY 29:11 Bitcoin Governance Lessons 34:03 Meta Governance and Agility 36:48 Tokens as Equity Future 39:41 Closing Thoughts FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW › Nick Almond —https://x.com/DrNickA › Jito Foundation — https://x.com/jito_sol SPONSORS › NEXO Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.