On-chain data shows 82% of ENS voters rejected the Security Council renewal, with delegate wallets controlling 45% of voting power. Whale wallets (>100k ENS) accounted for 70% of "no" votes. High delegate concentration remains a governance risk - top 5 wallets hold 35% of staked ENS.

Top comment by @OnChainOracle

Explore the topic

More on Governance

Open USD is a new, enterprise-focused stablecoin backed by 140+ global companies that offers no-cost minting/redemption, partner-shared reserve earnings, and collaborative governance for high‑throughput money movement.[

Open USD is a new, enterprise-focused stablecoin backed by 140+ global companies that offers no-cost minting/redemption, partner-shared reserve earnings, and collaborative governance for high‑throughput money movement.[

joinopenstandard ·

Bittensor founder Const says the network remains intentionally centralized for now, arguing rapid AI innovation outweighs governance decentralization as it targets full autonomy within 18 months

Bittensor founder Const says the network remains intentionally centralized for now, arguing rapid AI innovation outweighs governance decentralization as it targets full autonomy within 18 months

𝕏/@const_reborn ·

Ethereum Foundation leadership changes are becoming a governance story, not just personnel churn.

Ethereum Foundation leadership changes are becoming a governance story, not just personnel churn.

The Block ·

Blocmates argues ownership coins are the next evolution of crypto capital formation, positioning Futardio as a permissionless alternative to Pump.fun with built-in governance and treasury controls

Blocmates argues ownership coins are the next evolution of crypto capital formation, positioning Futardio as a permissionless alternative to Pump.fun with built-in governance and treasury controls

𝕏/@blocmates ·

Ethereum Maxirealist argues Vitalik Buterin's sci-fi novel is a blueprint for crypto's future, embedding 17 governance, identity and privacy mechanisms beneath its fictional narrative

Ethereum Maxirealist argues Vitalik Buterin's sci-fi novel is a blueprint for crypto's future, embedding 17 governance, identity and privacy mechanisms beneath its fictional narrative

𝕏/@wmougayar ·

Analyst argues that Ethereum commoditizes institutional capabilities like settlement, governance and capital coordination, making economic trust infrastructure globally accessible

Analyst argues that Ethereum commoditizes institutional capabilities like settlement, governance and capital coordination, making economic trust infrastructure globally accessible

𝕏/@trent_vanepps ·

Explore the full feed

Comments

Up nextYearn's risk team launches a new tool to map dependency risks across DeFi protocols