There have been cases where governance token holders have voted

Question

There have been cases where governance token holders have voted

to close a project. if it was to the benefit of the investors why would you not close down and pay out the treasury if it was voted for ?

#cryptocurrency #english #frax

0

07.09.2024

6 ответов

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Klaasek

it depends how the setting is setup. if the goal is to have an forever kind of project and people know it beforehand, then it shouldnt be allowed to be voted about.

0

1 месяц назад

Westwood

I mean if the project fails then why not?

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1 месяц назад

sparkes25 Автор вопроса

Westwood
I mean if the project fails then why not?

if your voters are voting to close the project, then its failed, so why veto that vote?

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1 месяц назад

Westwood

sparkes25
if your voters are voting to close the project, th...

I never said I would. I said there is a veto option for things that are abusive. Its within reason. This isn’t really a business venture. If its profitable cool. We can invest in the ecosystem more. As head of community development I just thought this was a novel way to combine both of my passions in crypto to create something of value for the community

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1 месяц назад

sparkes25 Автор вопроса

Westwood
I never said I would. I said there is a veto optio...

could send the profits back to FRAX

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1 месяц назад

Burger Baron · Accepted Answer

Burger Baron

Agree. If those are the rules, that is how it is gonna be played.

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1 месяц назад

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There have been cases where governance token holders have voted

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