Connect with us

Executive Voice

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.

New Videos

Top 3 NFTs


Most Disruptive

Recent Stories


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. 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. Disrupt Magazine was designed to give the world a taste of that.