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Field Notes5 min read

Notes on Good Governance

After a year of watching DAOs try to decide things, a short list of what actually seems to work.

Devang RaoJune 18, 2026

Most governance failures aren't failures of mechanism. They're failures of attention.

The DAOs that function have a small, accountable core doing the work, a transparent way to challenge it, and a culture that treats voting as a last resort rather than a first one.

Everything else — quadratic this, conviction that — is a detail on top of those fundamentals.

Written by Devang Rao for AlphaMind.

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