[IDEATION] Stride "Governors" : An Interesting Governance Model
Hello Cosmos Community ! In this new post, our aim is to spark contemplation on a subject that we believe will wield a substantial influence over the future public governance of the cosmos. We’re referring to STRIDE and its integration into the ICS. You may already be aware that STRD tokens staked to validators on the stride chain are now safeguarded against the slashing module. These validators have transitioned into the capacity of effectively executing a political framework, reminiscent of what we previously outlined in our earlier post found here: IDEATION : Governance Councils & Treasury Modules - #49 . The reason behind our emphasis is rooted in our prior document where we discussed the probable emergence of councils within the broader governance process. Our thesis also underscored the necessity of distinguishing security collateral from the governance authority that these tokens concurrently represent. Now, this concept has materialized through the Stride implementation. Validators within the stride network can garner delegate votes based purely on political motivations. Naturally, we’re still some distance away from witnessing a genuine political discourse among them,…
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This discussion raises interesting questions about the evolution of governance structures in blockchain ecosystems, the separation of roles within these structures, and the potential for on-chain political frameworks. The idea of a dedicated political class with the ability to receive fees based on delegated tokens adds an intriguing layer to the discussion on decentralized governance.
Early next year we will try to initiate a joint effort with key members of this forum and stride to foster the creation of the first set of governors. The hub needs to define an economic framework with incentives to bring the best thinkers into this forum.