The founder of Compound relinquishes control of the company, calling for encryption technology to address equity transparency issues.

[Coin World] Compound founder Robert Leshner announced in a post that he would give up the control struggle over a certain company, stating that the company's continuous issuance of new shares has diluted shareholder rights, resulting in his shares no longer having effective control. Leshner stated he would not initiate a proxy or legal battle and plans to recommend community experts to the company to help establish a Crypto Assets treasury. He emphasized that this matter highlights the opacity of traditional markets in tracking shares and believes this is exactly the problem that Crypto Assets technology can solve.

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GweiTooHighvip
· 07-21 02:16
What new stocks are being issued? The suckers have all been played for.
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DegenApeSurfervip
· 07-21 01:57
Share dilution, really playing it well!
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FlashLoanLordvip
· 07-20 02:24
Equity is not as reliable as NFT.
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PessimisticLayervip
· 07-18 03:07
Just dilute it, what's all the fuss about?
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DaoResearchervip
· 07-18 03:02
From the perspective of governance game theory, equity dilution attacks are truly fatal to distributed organizations. It is recommended that everyone read the SSRN paper from issue 37 of 2021...
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TestnetNomadvip
· 07-18 03:02
If I had known it would be like this, I might as well do a Rug Pull.
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DegenWhisperervip
· 07-18 02:57
Speechless, the shares are being diluted all day long.
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