News list for " non-transferable"
Bitcoin ecosystem project ALEX tweeted that ALEX holders have received non-transferable "special-vote" tokens, allowing users to vote on proposals such as the Vault Grant Program (which requires 50% participation in voting tokens) and the reopening of Pools (referring to Pools not affected by previous security incidents). ALEX claims that the number of "special-votes" is equal to the number of ALEX tokens held by the user at Stacks block 150610, including LP positions, atALEX and staked position...
Eigenlayer's announcement of an airdrop of tokens sparked outrage among users over the non-transferable tokens and strict geographic restrictions, which saw the amount allocated as minimal. Despite the expected increase of more than $15.70 billion in staked Ethereum, participants criticized the linear allocation model for favoring large players, and the strict geographic restrictions that excluded users from 30 countries, including the United States, Canada, China, and Russia. However, some indu...
