Juno Holders Want to Confiscate a Whale’s Tokens. Here’s Why. - Ep.334

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

https://30000feet.substack.com/p/issue-60-juno-whale?s=r 

Decrypt coverage
https://decrypt.co/95435/juno-network-dao-proposal-16-voted-to-revoke-tokens-from-whale

Coindesk coverage
https://www.coindesk.com/video/recent-videos/why-junos-vote-to-confiscate-a-whales-funds-is-a-watershed-for-blockchain-governance/
https://www.coindesk.com/layer2/2022/03/16/junos-proposal-16-vote-is-a-watershed-for-blockchain-governance-for-better-or-worse/


Learn more about your ad choices. Visit megaphone.fm/adchoices

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
https://30000feet.substack.com/p/issue-60-juno-whale?s=r  Decrypt coverage https://decrypt.co/95435/juno-network-dao-proposal-16-voted-to-revoke-tokens-from-whale Coindesk coverage https://www.coindesk.com/video/recent-videos/why-junos-vote-to-confiscate-a-whales-funds-is-a-watershed-for-blockchain-governance/ https://www.coindesk.com/layer2/2022/03/16/junos-proposal-16-vote-is-a-watershed-for-blockchain-governance-for-better-or-worse/

Learn more about your ad choices. Visit megaphone.fm/adchoices