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Proposal 16


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Why Juno’s Vote to Confiscate a Whale’s Funds Is a Watershed for Blockchain Governance

Proposal 16, a governance proposal on the Cosmos-based Juno blockchain, has passed via the chain’s token-voting governance system to cut the balance of JUNO tokens held by a “whale,” or large holder, accused of manipulating the Juno launch airdrop enacted in October.

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