An Inquiry into Decentralization with Erik Voorhees (WiM083)
The "What is Money?" Show
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How Does the Voting Work?
There's a billion fox tokens in the world, and the supplies cap. So that's all there'll ever be. About a quarter billion of the tokens are in the treasury. They can only leave that contract if a majority of token holders vote through this mechanism called snapshotso This is a supercol am too ol tat basicly lets people that hold the token at a given blockheight vote yea or nay on a specific proposal to move assets. If that criteria is achieved, the fox tokens move out of the treasury, off to that address.
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