Who to regulate? Identifying actors within DeFi’s governance

2026

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AI-generated summary

1) This paper investigates the concentration of governance power within DeFi protocols, identifying key actors and their implications for regulation.
2) * Analyzes the distribution of governance token holdings and identifies dominant actors.
* Examines the identities and influence of top voters and delegates.
* Discusses the challenges for regulators in identifying accountable parties within DeFi governance.
3) Decentralised finance, governance, regulation, DAOs, token holders

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