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Andy Beal
Head of ecosystem development at Forta and author of the 30,000 Feet newsletter. Expert in blockchain technology and decentralized governance.
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Mar 25, 2022
• 38min
Juno Holders Want to Confiscate a Whale’s Tokens. Here’s Why. - Ep.334
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Andy Beal, head of ecosystem development at Forta and author of the 30,000 Feet newsletter, addresses the heated debate within the Juno Network. The community is proposing to confiscate up to 98.5% of a whale's tokens after concerns about its overwhelming influence emerged. Beal explains how the Juno airdrop created a dominant holder and discusses the implications of such a governance decision on decentralization and fairness. He shares his insights on the community's vote and the various courses of action being considered.
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