From some non-exhaustive research, there are many: social.coop, chaos.social, social.tchncs.de, nerdica.de (friendica) -- seem to have governance. I believe, ma

From some non-exhaustive research, there are many: social.coop, chaos.social, social.tchncs.de, nerdica.de (friendica) -- seem to have governance. I believe, mastodon.xyz, fosstodon.org among others have transparent donations. (I believe mastodon.xyz uses the default source) I agree that you should seek more open governance, at least transparent finances and active open source, (technically that's covered by AGPL), because otherwise the server could go at any time, and it violates the spirit of federation in the first place. Here's a nice transparency report: https://hub.fosstodon.org/about/ https://hub.fosstodon.org/about/