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Author Topic: PancakeSwap DeFi Governance Manipulated by Single Whale Vote  (Read 434 times)

Offline Altcoin1998$

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PancakeSwap DeFi Governance Manipulated by Single Whale Vote
« on: April 19, 2021, 01:53:37 PM »
Decentralized finance (DeFi) protocols constantly strive for quality and fairness, but many fall short due to their governance voting mechanisms.

In a tweet on April 19, the Binance Smart Chain-powered PancakeSwap decentralized exchange (DEX) stated that a governance proposal vote failed at the hands of one whale.
Source:click
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PancakeSwap DeFi Governance Manipulated by Single Whale Vote
« on: April 19, 2021, 01:53:37 PM »

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Offline zilzylian

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Re: PancakeSwap DeFi Governance Manipulated by Single Whale Vote
« Reply #1 on: April 20, 2021, 12:42:14 AM »
I'm therefore worried about this, whether the DeFi platform will truly become decentralized, if I look at the article above I think there is still a voting system that needs to be changed because voting does not depend on one person but there are many users.
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