Cardano Founder Calls For Insider Recusal In Liqwid Governance Dispute
Cardano founder Charles Hoskinson has intervened in a governance dispute at DeFi protocol Liqwid, urging insiders to recuse themselves from a revote on the distribution of nearly $1 million in NIGHT tokens. The conflict centers on whether the protocol should honor prior public commitments to return all assets deposited in its smart contracts. Hoskinson argued that DAO legitimacy depends on broad participation and trust, not just a vote, especially when insiders could directly benefit from the outcome. He warned that failing to address the perceived breach of trust could severely damage Liqwid's credibility and growth, and recommended a new vote focused solely on whether to honor the original promises.
bitcoinist03/16 11:32
