Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on April 19, 2021, 01:40:22 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.
The proposal was for another yield farm for a token from ChainGuardians and the Polkadot social network token MIX. The PancakeSwap team acknowledged the untoward action and suggested different incentives for voting. Source (https://cryptonews.net/553098/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)