ScopeLift CEO says the regulatory excuse for value-free governance tokens is fading

Ben DiFrancesco argues a governance token must be worth more than what an attacker could steal from the protocol it controls Governance tokens have spent years in an odd position. They hold the keys to protocols managing serious money, yet many were deliberately designed to capture little or no value. ScopeLift CEO Ben DiFrancesco thinks that arrangement is running out of road. On a recent episode of the Unchained podcast’s “Uneasy Money” show, he argued that a governance token’s value has to exceed whatever an attacker could gain by stealing the assets it governs.