Juno Holders Want to Confiscate a Whales Tokens. Heres Why. - Ep.334

Published: March 25, 2022, 9 a.m.

b"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:\\n how the Juno airdrop worked\\xa0\\n how the whale was able to amass more JUNO tokens than the team wanted\\n why the Juno Network community feels threatened by an entity holding so many JUNO tokens\\n what the whale did to invoke the ire of the Juno Network community\\n the community\\u2019s vote on whether to confiscate up to 98.5% of the whale\\u2019s tokens\\n what three courses of action the community is considering to confiscate the whale\\u2019s JUNO\\n what Andy\\u2019s biggest takeaways are from the dramatic governance moment\\n Come to an Event on Laura's Book Tour!\\n https://www.laurashin.com/book/#tour-dates\\n \\xa0\\n Thank you to our sponsors!\\n Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\\xa0\\xa0\\xa0\\xa0\\n Coinchange: https://coinchange.io\\xa0\\xa0\\xa0\\n OnJuno: https://onjuno.com/\\xa0\\n \\xa0\\n Episode Links\\n \\xa0\\n Andy Beal\\n \\nhttps://twitter.com/ajbeal\\xa0\\n Andy's newsletter: https://30000feet.substack.com\\n\\n \\xa0\\n Juno Network drama\\n Andy\\u2019s write-up\\n \\n https://30000feet.substack.com/p/issue-60-juno-whale?s=r\\xa0\\n \\n Decrypt coverage\\n https://decrypt.co/95435/juno-network-dao-proposal-16-voted-to-revoke-tokens-from-whale\\n \\n Coindesk coverage\\n https://www.coindesk.com/video/recent-videos/why-junos-vote-to-confiscate-a-whales-funds-is-a-watershed-for-blockchain-governance/\\n https://www.coindesk.com/layer2/2022/03/16/junos-proposal-16-vote-is-a-watershed-for-blockchain-governance-for-better-or-worse/\\n \\n \\nLearn more about your ad choices. Visit megaphone.fm/adchoices"