Much of what CLARITY attempted to fix, can be self regulated and enforced. In fact, it's exactly the value proposition blockchains and smart-contracts offer.
Immutability, automation, and decentralisation all protect consumers and token holders through trust/control-minimization. There are examples in the wild:
@LidoFinance's optimistic dual governance.
@Morpho's immutability.
@MetaDAOProject ownership token launches.
@SteakhouseFi guardians built on
@AragonProject. There are more examples.
Network & ownership tokens can be validated and requested at so investors can make educated decisions.
@l2beat and
@defiscan_info
provide trust assumptions on chains and protocols.
CLARITY not passing is short-term negative, but, these are solvable problems and the market will weed out the bad actors. Aragon has dedicated much of its history to providing tools just to solve these problems.
If we want this industry to grow then it's up to us to double down on what the spirit of CLARITY offered and simply use the tools we have at our fingertips.
A big thank you to all those who pushed for our industry, for the good actors, and to drive adoption. I'm sure the battle isn't over on the policy front, but it's time for the builders to do what we need to do.