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• 10:56, 7 November 2024 Mbauwens talk contribs created page Timocratic Governance (Created page with " =Discussion= Reilly Smethurst et al. : "We ... claim that DeFi’s governance is timocratic. This reflects the fact that DeFi’s elites are not simply wealthy; they are sometimes “shadowy” and unidentified as well. Timocracy is a type of stakeholder governance that dates back to the Solonian Constitution from the sixth century BC. It involves both producers (developers) and property owners (token-holders) that pursue a mixture of particular interests and common...")