Governance Dispute Sparks Wider Concerns in Crypto Community
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The conflict intensified after World Liberty proposed a governance update that would lock insider tokens for two years, followed by a gradual release and a 10% burn. Sun criticized the proposal, arguing that holders who do not explicitly accept the terms could see their tokens locked indefinitely — a move he claims harms the broader community.Adding to the controversy, Sun pointed out that a large portion of voting power is concentrated among a small number of wallets, raising concerns about decentralization. The situation underscores ongoing challenges in crypto governance, where control can still be heavily centralized despite decentralized branding.