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Celestia's Bold Proposal: Abandoning Staking While Team Cashes Out $100M – A Crisis of Trust?

Celestia's Bold Proposal: Abandoning Staking While Team Cashes Out $100M – A Crisis of Trust?

As a seasoned crypto analyst, I dissect Celestia's controversial proposal to abandon Proof-of-Stake (PoS) in favor of 'Proof-of-Governance' (PoG). While the move aims to combat inflation and revamp TIA’s tokenomics, the timing raises eyebrows: Core team members have reportedly cashed out over $100M in TIA. Is this a genuine reform or a strategic exit? Join me as I unravel the economic implications, governance risks, and whether Celestia’s modular DA vision can survive this PR nightmare.
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cryptocurrency
blockchain governance
•1 day ago
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