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.
Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens
Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens Source link