Beyond "Code is Law": Decentralized Governance for web3
summary
Claims value equals D1 × D2 = V where D1 is deterministic transaction security and D2 is discretionary governance security, argues DAOs must combine both to scale value. Describes the Q protocol as a blockchain-native system with constitution, enforcement, revolution modules to codify and enforce discretionary rules, cites the UKìDow failure as a counterexample, and proposes a new metric TVG (total value governed) to measure treasury plus social and governance value, predicting DAOs become a relevant authority within ~5 years.
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