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WLFI Governance Proposal Passes With 99.12% Support Over Priority Contact Rights

The proposal approved a priority communication right with the operating team for about 800 million yen, while some retail investors raised concerns.

Summary

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Terms & Concepts
  • Governance proposal: A formal measure submitted for stakeholder voting to decide how a crypto project or platform should be managed.
  • Retail investors: Individual small-scale investors, as opposed to large institutions or professional market participants.