  DAO Governance is currently broken. We survey the state of the art and find
worrying conclusions. Vote buying, vote selling and coercion are easy. The
wealthy rule, decentralisation is a myth. Hostile take-overs are incentivised.
Ballot secrecy is non-existent or short lived, despite being a human right.
Verifiablity is achieved at the expense of privacy. These privacy concerns are
highlighted with case study analyses of Vocdoni's governance protocol. This
work presents two contributions: firstly a review of current DAO governance
protocols, and secondly, an illustration of their vulnerabilities, showcasing
the privacy and security threats these entail.
