Report: Governance remains highly centralized in many DeFi projects

A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects, especially those with strong venture capital roots, remain highly centralized.

The researchers analyzed projects such as MakerDAO, Curve, Compound and Uniswap.

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