Conflict of Interest Disclosure

Conflict of Interest Disclosure is a policy requiring participants, particularly delegates and developers, to declare any financial or personal interests that could influence their voting or decision-making. In decentralized finance, where anonymity is common, these disclosures are vital for maintaining trust and preventing corruption.

If a delegate has a significant stake in a protocol that competes with the one they are governing, they must disclose this so the community can evaluate their votes appropriately. This practice aligns with the principles of transparency and integrity, which are foundational to decentralized governance.

Without clear disclosure requirements, the risk of hidden agendas and self-serving actions by influential members increases significantly.