Exchanges and whales have large amounts of EOS. They can easily vote on referendum proposals and skew the outcome. What prevents these large holders from doing this?

2 Answers 2


There is currently nothing in place to limit/cap voting on referendum proposals.


EOS is a plutocracy. The idea is that the large token holders have the most to gain or lose from system-wide changes, so their interests should align with the interests of the network as a whole.

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