Is this possible within the NNS? I think there’s a huge chance of a governance attack here.
Is it actually limited to 10% or was that just a motion? Even 10% is scary when you consider the same group of people have Synapse too, and at least 6 million liquid ICP.
What happens when Coinbase starts staking user deposits in nICP or it’s successor?
I don’t think there’s a significant risk of a governance attack here, WTN looks solid for now.
Hey Adam,
I’m not a fan of WTN.
I’m also not a fan of cycle drain/dos attacks.
Could we please go about these issues in constructive ways?
That being said, this point you raise brings up once again the fundamental problem with WTN. Being that the nICP holders have no say (other than their free market decision to participate).
The dao could at any time change the parameters of the agreement and nICP holders are powerless to stop it. Other than dumping nICP tokens which is the method i would encourage.
