Connect with us

Press Release

Hacking Governance: Zuni Swaps The People Into Power

DeFi and Governance

This global pandemic has exposed tensions and fault lines within our current systems, inciting many to call for change in economic, political, and even cultural spheres.

Only over the past few months, hundreds of community-based movements have challenged legacy governance models and sparked transformative social change. At the same time, Ethereum Decentralized Finance, or DeFi, has opened the doors for innovation around Governance technology. 

While blockchain technology remains one of the hottest buzz words in the world of innovative tech, it’s applications in the world of governance and finance are gaining solid ground. In the DeFi space, the issuance of Governance tokens has risen tremendously, offering a new promise to explore shared ownership and the opportunity for community autonomy powered by trustless, secure mechanisms.

Pitfalls and External Powers

While full of potential, these new governance models aren’t as simple as deploying some code and watching the world’s problems disappear. Historical gaps and inequities must be taken into account to ensure a new system is seeded in a way that encourages broad community power & meaningful participation in governance. Many old generation Crypto projects, rushing to catch the hype of Community Governance, have drawn heavy criticism for releasing community governance models that are ‘just for show’. For example, centralised DeFi projects like Compound or Uniswap, historically backed by Venture Capital, have distributed their voting power predominantly to a few ultra-wealthy past investors, making it impossible for everyday users or newcomers to affect any change.

Building Community First
In rethinking governance, beginnings matter. The initial distribution of governance power and the mechanics that sustain a governance operation need to be carefully constructed to support widely distributed power and participation. Leading the pack, a new generation of DeFi projects such as Swerve, YFII, and ZuniSwap are working to build a global community of everyday users and distributing governance power broadly. The goal is simple: allow people to own and control the financial tools they use everyday. For ZuniSwap阻尼币, it goes a step further–build a deep international community on Discord and robust, accessible governance tech before the $ZUNI launch, ensuring a greater degree of community cooperation from day 1.

New Technologies

Coupled with deep initial community building, a few exciting new mechanisms are emerging as crucial to sound DeFi Governance: Synthetic Minnowing, Liquid Democracy, and Quadratic Voting. Originated by EJ Spode, synthetic minnowing focuses on preventing a few, powerful members of society running against community interests. Essentially, it prevents actors with substantial pre-existing resources to implement actions and initiatives that severely go against the quality of life for the common community. Liquid democracy, as its name suggests, allows votes to stay connected to their electoral power throughout the governance process. So, if an elected representative acts against the demonstrated interests of their community, constituents can automatically withdraw their support and effectively remove the official from the office instead of having to wait until the next election cycle and bear the consequences. Zuni is working In collaboration with Xuepeng Fan & ASResearch, one of Asia’s leading blockchain innovation labs, to deploy efficient Liquid Democracy to an Ethereum DeFi project. Quadratic voting helps curtail a problem with token-based voting which occurs when users with large amounts of votes exert their power which is considerably more than other users. This voting system prevents simple, nominal counting and installs a more proportional counting procedure which prevents this skewing of the system and imbalance. 


Ethereum and DeFi continue to be the testing grounds for transformative new systems that rethink distribution of political and financial power. Taken together, community building and governance technology innovations are paving the road for better collective participation and community autonomy. First in DeFi, then in the real world.

Read more:


Marty Jacobs is a serial entrepreneur and writer based out of Miami, Florida. He started his first business at 15 years old and now is the Chief Operating Officer of Astra Media, a growing media and public relations firm.

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

NFT1 week ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

News1 month ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...

Cryptocurrency1 month ago

Nike just bought a virtual shoe company that makes NFTs and sneakers ‘for the metaverse’

Nike, the sportswear mogul, recently stunned the globe as it moved into the realm of the metaverse industry and blockchain...

QR code screenshot QR code screenshot
Diversity in Tech2 months ago

BTC did 62% more in transactions than PayPal this year

MasterCard and Visa have always topped as the runaway leaders; however, Bitcoin’s Lightning Network will soon disrupt this norm. Starting...

high angle photo of person holding turned on smartphone with tall buildings background high angle photo of person holding turned on smartphone with tall buildings background
Social Media2 months ago

How to Organically Grow Your Social Media Following In 2022

Instagram On Instagram, use Reels to reach new audiences and grow – find popular sounds and use them in your...

gold-colored Bitcoin gold-colored Bitcoin
Cryptocurrency2 months ago

Julio Domenech On How Banks Can Engage In Bitcoin in 2022

As cryptocurrency continues to become a popular trend in the US, many people are looking for an opportunity to participate...

Diversity in Tech3 months ago

Microsoft Teams, Incorporating New 3D Avatars And Virtual Meeting Spaces Before Mid 2022

Microsoft Mesh has always led as the future of Microsoft Teams meetings. However, Meta, the newly launched Facebook company, is...

Health + Fitness3 months ago

Stephen Campolo – How A Former Fat Kid Transformed His Body And Is Now Helping Others Do The Same

UPDATE: During a recent interview with Yahoo! News, Stephen revealed that he will be speaking at the next Disrupt Puerto...

News3 months ago

Facebook Goes Meta As It Scales Up Beyond Just Social Media

Thursday 28 September 2021, Mark Zuckerberg, the CEO of Facebook, announced Metaverse, a brand for users to interact in virtual...

JaeLz JaeLz
Entrepreneurship3 months ago

JaeLz “No Titles”

JaeLz I’m an independent singer/rapper and songwriter. My Artist name is JaeLz. This article is about my Journey and how...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.