We answered the question @VitalikButerin asks today by making our governance more balanced than just % of coin held.
29 Nov 2022, 15:20
We answered the question @VitalikButerin asks today by making our governance more balanced than just % of coin held.
It's a simple but powerful idea. Decentralization is about giving voice to the ones that traditionally couldn't, don't forget about that.
The notion of "governance rights" as a narrative for why a token should be valuable is pathological. You're literally saying "I'm buying $X because later on someone might buy it from me and a bunch of other people to twist the protocol toward their special interests"