Lesson 7 – Principle 5: Open Development

Upgrades should be transparent.

Decentralization isn’t only about code. It’s about process. DeFi Punk protocols have open governance: everyone can see how upgrades, parameters, and roadmaps are decided.

Opaque, top-down decisions are red flags.


Examples:

  • Ethereum’s EIP process → community-driven.

  • Closed governance → team-controlled changes.

Scoring:

  • 0 = closed

  • 1 = partly open

  • 2 = transparent


Complete and Continue