Not to beat a dead elf, but wow, this is much worse than I had even thought! When founders propose a "DAO" where they get enough votes by default to swing decisions, that's transparent robbery. Literally just giving investors enough votes to play governance while they really have no say! Unbelievable. Carefully watch where these people go after they finish running MultiversX into the ground, and avoid those projects like the plague.

Justin Bons
@Justin_Bons
10-11
EGLD's fall from grace: Going from a capped supply to a yearly inflation of 8.75% is reckless What is even worse is that 40% of that is being funneled directly to a "fake DAO" While they plan to mint an additional $250M worth of EGLD to GIVE directly to private companies! 🧵
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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