Recently, Lobby Finance has shifted the governance of Arbitrum, one of the major L-2 solutions of Ethereum. Controls 20 million ARB tokens, leading to significant voting rights with 20.65 million votes. In fact, this impact also has a remarkable voting power in other DAOs, where blasts, Zksync, optimism, Manta, Scroll and other networks are maintained.
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Lobby Finance has become a major representative of Arbitrum Dao, a power to form the Web3 politics.
Unlike conventional lobby activities, which concentrated organizations make decisions, DAOS makes decisions through the consensus of the token holder who votes for proposals. This democratic process can determine the direction and focus of the lobby activity. In DAOS, voting power is often linked to Token ownership. Obviously, those who hold more tokens have a major impact on the decision. Dao Robbie is usually the grassroots and reflects the interests of the community, not a single entity agenda.
Lobbyfi, also known as Lobbyfi, is a web3 platform that focuses on enabling a distributed autonomous organization (DAO) that can be involved in governance through a new approach. As a result, DAOS holders can delegate voting rights. Definitely a system that affects the results. The platform where you can buy voting introduces a market -like method in governance.
Lobbyfi has become the biggest representative @arbitrum Dao.
This indicates the beginning of satisfying our long -term vision.
We will invite you to build each one with us. pic.twitter.com/h9fdcbx1a7
-lobbyfi (@lobbyfinance) January 24, 2025
Lobby Finance users can participate in instant purchases and auctions to cast voting based on the results of these financial mechanisms. This model simplifies the participation of unrelated users in governance and determines the decisions for users who intend to invest more in the governance process. In addition, the gap between a token holder, which is rarely involved in governance, and the need for decision -making based on active information in DAOS. It functions based on the principle of “bring lobbyism to DAO governance”, where voting power is consolidated to affect the achievement of governance.
In addition, Lobby Finance has a considerable voting power in other layers 2 DAOs, such as Blast, Zksync, Optimism, Manta, and Scroll, which are affecting multiple ecosystems. We have built a cryptographic DAO that may have as much impact as traditional political lobby activities.
Recently, one of the more interesting development in the DAO governance world.
Lobbyfi controls the voting blocks that make them the largest Arbitrum representatives, and sell them in the distribution market.
This is not a governance attack, but a natural end game for token weight voting. https://t.co/xs9yrwoytw
-DRNICK.ETH (@DRNICKA) January 26, 2025
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Quiet rise of Dao Robbist
As DAOS continues to grow in size and complexity, lobbyist like lobby finance can be more dominant. They may function as a bridge between the technical complexity of the Web3 and the user -based user -based without the time or expertise. The rise of lobby finance means that governance can be a financial battlefield, leaving the purpose of decentralization.
The existence of the lobby finance in these DAOS proposes questions about decentralization and concentration of power. Participation of more token holders can provide democratization, but may also focus on the way of voting in the hands of people with financial resources. However, this draws several questions during the cryptocation community. In contrast, ETH's founder, Vitalik Buterin, supports this mechanism and may point out that the governance bring will occur in some form.
I will re -upload my article from 2021 to deal with this, and some possible solutions: https: //t.co/cvl7cfuide@_futarchy An example of category 3 (skin skin for governance). The utility function is still a bridge governance layer, but at least more indirect … https: //t.co/gu6m2sjmum pic.twitter.com/n73ivouuyf
-Vitalik.eth (@Vitalikbuterin) January 27, 2025
Obviously, the amount of complexity and decision -making in DAO is increasing. This, of course, leads to a demand for more efficient governance mechanisms. It is attractive to delegate voting power to knowledge or dedicated individuals or groups. The challenge of managing governance with many token holders is more noticeable. Defining voting will help you to scaling the decision process and make it easier to manage. Lobby Finance motivates users to delegate votes by providing financial rewards.
The lobby finance has risen to the top of Arbitrum's DAO governance hierarchy.
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