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WLFI is not "decentralized finance" but rather a mechanism for concentrating power and seizing assets.
Coercive voting: Anyone who votes against risks having Token Lockup indefinitely → not democracy, but punishment for dissent.
Excluding select voters: Many large holder have Token frozen, preventing them from voting → the results were predetermined.
Power is concentrated in the hands of an anonymous group: Multisig and contract control wallets are both anonymous and can override results → DAOs are merely a facade.
Transparency asymmetry: Users must go through KYC verification to vote, while those in power remain completely anonymous.
Risk of asset seizure: Proposals involving unlocking, reallocating rights, and even burning billions of dollars worth of Token could erase holder ' assets without legal protection.
Conclude:
This is XEM as a disguised "concentration of power" in governance, lacking legitimacy and going against the principles of DeFi. #TRONGlobalFriends
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What evidence supports these claims about voter exclusion?
Sector:
From Twitter
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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