Description
The Aave DAO challenged Aave Labs for control over revenue allocation, while Axelar token holders were left holding the bags after the Circle acquisition.
π₯ EPISODE LINK π₯
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π https://unchainedcrypto.com/podcast-uneasy-money/uneasy-money-why-tokenholders-have-no-rights-why-every-dao-has-failed/ π
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What rights do token holders have? Is everyone getting rugged?
In this episode of Uneasy Money, Ethena founder Guy Young joins hosts Kain Warwick, Luca Netz and Taylor Monahan to interrogate the lack of clarity around token expectations and rights as Aave DAO goes against Aave Labs and Circle acquires the Axelar team.
Do centralized exchanges hold the solution?
Plus, does MOVE's Rushi Manche deserve a second chance? And how can you stay safe from the fake Zoom scam?
Hosts:
βοΈ Luca Netz, CEO of Pudgy Penguins
βοΈ Kain Warwick, Founder of Infinex and Synthetix
βοΈ Taylor Monahan, Security at MetaMask
Guest:
βοΈ Guy Young, CEO & Founder of Ethena Labs
Timestamps:
π 00:00 Introduction
π 01:39 Who owns Aave?
π€ 5:42 Is the DAO and Foundation model faulty?
β‘οΈ 11:29 Why tokens need clarity
βοΈ 16:23 Is the SEC to blame for the lack of token clarity?
π‘ 20:03 How lack of regulatory clarity arounds tokens boosts scams
βοΈ 22:00 The Solana client diversity debate
π 25:48 How Circle's Axelar acquisition highlights the lack of token rights
π₯30:20 How centralized exchanges can help secure rights for token holders
π§ 33:25 Luca explains why some tokens should not confer rights
βοΈ 39:48 Should Rushi Manche get a second chance?
𫨠47:01 Taylor unpacks messy details of Movement Labsβ MOVE token deals
π« 50:28 How the debate between Tarun Chitra and Dan Robinson provides a base for unraveling 10/10
β οΈ 53:10 How Guy believes the crypto industry can prevent another 10/10
π¨ 1:00:20 Why new fake Zoom scams are particularly dangerous
π½ 1:04:04 Kain reveals how his domain registrar was socially engineered
π§ββοΈ 1:08:20 What to do if you are a victim of the fake Zoom scam
π 1:09:41 Is adding leverage to Polymarket βpure insanity?β
β‘οΈ 1:11:47 What to know about MetaMask's Bitcoin support
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#bitcoin #ethereum #crypto #cryptocurrencies
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