Andy Beal, head of ecosystem development at Forta and author of the 30,000 Feet newsletter, discusses the dramatic governance proposal on Juno Network, a Cosmos-based project, where Juno holders are voting to confiscate millions of dollars in tokens from a whale who allegedly gamed the Juno airdrop. Show topics:
- how the Juno airdrop worked
- how the whale was able to amass more JUNO tokens than the team wanted
- why the Juno Network community feels threatened by an entity holding so many JUNO tokens
- what the whale did to invoke the ire of the Juno Network community
- the community’s vote on whether to confiscate up to 98.5% of the whale’s tokens
- what three courses of action the community is considering to confiscate the whale’s JUNO
- what Andy’s biggest takeaways are from the dramatic governance moment
Come to an Event on Laura’s Book Tour!
https://www.laurashin.com/book/#tour-dates
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021
Coinchange: https://coinchange.io
OnJuno: https://onjuno.com/
Episode Links
Andy Beal
- https://twitter.com/ajbeal
- Andy’s newsletter: https://30000feet.substack.com
Juno Network drama
- Andy’s write-up
- Decrypt coverage
- Coindesk coverage
Learn more about your ad choices. Visit megaphone.fm/adchoices
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Source: https://unchainedpodcast.com/juno-holders-want-to-confiscate-a-whales-tokens-heres-why/
- :is
- $UP
- 000
- 98
- a
- Able
- About
- Action
- Ad
- airdrop
- allegedly
- and
- ARE
- At
- author
- Biggest
- blockchain
- book
- by
- choices
- Coindesk
- COM
- community
- considering
- courses
- Development
- DID
- dollars
- dramatic
- ecosystem
- entity
- Event
- Feet
- from
- governance
- governance proposal
- head
- holders
- holding
- HTTPS
- in
- JUNO
- many
- millions
- more
- network
- Newsletter
- of
- on
- plato
- Plato Data Intelligence
- PlatoAiCast
- PlatoData
- podcast
- project
- proposal
- s
- show
- So
- Takeaways
- team
- The
- three
- to
- Tokens
- Topics
- Unchained
- Visit
- Vote
- Voting
- Web3
- Whale
- whether
- WHO
- worked
- Your
- zephyrnet