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Crypto Exchange Aggregator 1inch Proposes Diluting Some Insiders’ Voting Power

March 31, 2023
in Crypto Updates
Reading Time: 1 min read
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In a group name on Friday that CoinDesk attended, Jordan Reindl, a member of 1inch’s group and governance staff, proposed the protocol dilute the voting energy of insiders who’ve obtained their full allotment of v1inch vesting tokens, a by-product token redeemable for 1inch. Conversely, v1inch tokens that stay locked up for 2 years or longer would have 100% of their voting weight, the proposal mentioned.

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Tags: 1inchAggregatorCryptoDilutingExchangeInsiderspowerproposesVoting
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