Jul 13, 2021
Aaron Wright, co-founder of OpenLaw and Professor at Cardozo Law, and Ross Campbell, SushiSwap core developer and LexDAO contributor, discuss the latest breakthroughs and legal implications in the burgeoning world of DAOs. Show highlights:
- how Aaron and Ross fell down the crypto rabbit hole
- whether a DAO, like Curve, could sue to protect its IP
- when a governance token might be considered a security
- who owns the copyright to a DAO
- how SushiSwap handles its open-source licenses
- why Ross views Uniswap’s business license as a good thing
- what an DAO is and how the idea stems from Bitcoin
- how Wyoming’s DAO law works
- what makes a Wyoming DAO different from a DAO registered as a Delaware LLC
- how an algorithmically managed DAO might work in the future
- why Aaron thinks a DAO should not be allowed to be manager-managed
- why wrapping a DAO into an LLC could be advantageous
- the difference between private and public ordering
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2
Conjure: https://conjure.finance
Episode Links
People
Ross Campbell
- Social
-
- Twitter: https://twitter.com/r_ross_campbell
- Medium: https://medium.com/@rosscampbell9
- Career
-
- OpenLaw: https://www.openlaw.io/
- LexDAO: https://lexdao.substack.com/people/867851-ross-campbell
- SushiSwap: https://app.sushi.com/swap
Aaron Wright
- Social
-
- Twitter: https://twitter.com/awrigh01
- Career
-
- OpenLaw: https://www.openlaw.io/
- Cardozo Law: https://cardozo.yu.edu/directory/aaron-wright
- Content
-
- The Rise of DAOs: https://stanford-jblp.pubpub.org/pub/rise-of-daos/release/1
DAO Information
Basics:
Kain Warwick: DAO First Capital Formation
- https://blog.synthetix.io/dao-first-capital-formation/
- https://twitter.com/kaiynne/status/1287961077041393664
DAO Stats
Wyoming:
- https://www.wyoleg.gov/2021/Engross/SF0038.pdf
- https://lexnode.substack.com/p/wyomings-legal-dao-saster
- https://twitter.com/prestonjbyrne/status/1370002015644962816?s=20
- https://www.coindesk.com/wyoming-dao-llc-law-passed
- https://twitter.com/lex_node/status/1407668599205027843?s=20
- https://decrypt.co/75222/americas-first-dao-approved-in-wyoming
Delaware:
Curve IP:
- https://gov.curve.fi/t/cip-xx-enforce-curves-ip-rights/1890
- https://www.theblockcrypto.com/post/108561/the-first-dao-lawsuit-proposal-asks-if-curve-should-protect-its-ip
- https://www.coindesk.com/curve-dao-contemplates-its-intellectual-property
- https://twitter.com/SamMiorelli/status/1405141398479847426
- https://twitter.com/lex_node/status/1405251782574497799
Uniswap V3