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$ENS DAO FACE GOVERNANCE CRISIS AS ONE VOTER CONTROLS MORE THAN NEXT 50 COMBINED 💎
A single delegate in the ENS DAO currently holds enough voting power to pass any proposal alone — and that power exceeds the combined weight of the next 50 delegates. Founder Alex Van de Sande is responding by proposing to delegate 5 million idle treasury tokens to individual participants, aiming to break the concentration and prevent "treasury capture."
This isn't a price signal yet, but it's a structural shift that can directly affect how $ENS accumulates value. When governance becomes more distributed, token utility often follows.
Are you voting or just holding through the drama?
Not financial advice. Always manage your risk.
#ENS #DeFi #DAOGov #CryptoNews
💎
A single delegate in the ENS DAO currently holds enough voting power to pass any proposal alone — and that power exceeds the combined weight of the next 50 delegates. Founder Alex Van de Sande is responding by proposing to delegate 5 million idle treasury tokens to individual participants, aiming to break the concentration and prevent "treasury capture."
This isn't a price signal yet, but it's a structural shift that can directly affect how $ENS accumulates value. When governance becomes more distributed, token utility often follows.
Are you voting or just holding through the drama?
Not financial advice. Always manage your risk.
#ENS #DeFi #DAOGov #CryptoNews
💎
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