In a community call on Friday that CoinDesk attended, Jordan Reindl, a member of 1inch’s community and governance team, proposed the protocol dilute the voting power of insiders who have received their full allotment of v1inch vesting tokens, a derivative token redeemable for 1inch. Conversely, v1inch tokens that remain locked up for two years or longer would have 100% of their voting weight, the proposal said.
Related posts
-
Crypto Exchanges in South Korea Address Rumors of Mass Altcoin Delistings, Say Fears Overblown: Report
Crypto exchanges in South Korea are reportedly trying to dispel fears that the countryโs new digital... -
Mt. Gox Starts Repayments With Exchange Transfer
According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by... -
Why High Volatility in Crypto Assets Can Be a Good Thing for Investors
A. With respect to correlation, a volatile asset like crypto is actually very important to decrease...