I feel like BG has a bit of M attribute. The last Dubai incident hasn't been fully criticized yet. A platform token burn vote initiated by an exchange can only be voted on by on-chain wallets. Users who contribute transaction fees through real trades on the exchange have no say. Holding tokens on the exchange = not a user. Staking tokens = not a user. So here's a summary: money that comes in belongs to the platform. Only what is on the chain counts as yours 👻
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I feel like BG has a bit of M attribute. The last Dubai incident hasn't been fully criticized yet. A platform token burn vote initiated by an exchange can only be voted on by on-chain wallets. Users who contribute transaction fees through real trades on the exchange have no say. Holding tokens on the exchange = not a user. Staking tokens = not a user. So here's a summary: money that comes in belongs to the platform. Only what is on the chain counts as yours 👻