TheBlock
2020-08-23 15:39:56

The founder of Curve now control 71% of the protocol’s voting power

Curve’s founder and CEO Michael Egorov now owns 71% of the popular decentralized exchange’s governance voting. In what appeared to be an attempt to counteract the 50% + voting power of the yEarn protocol, Egorov, in his own words, “over-reacted” and locked up more CRV than he wanted to, significantly shifting the power in his […]The post The founder of Curve now control 71% of the protocol’s voting power appeared first on The Block.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer