How does dual share class affect the voting rights and ownership control of cryptocurrency investors?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we believe in transparency and equal voting rights for all cryptocurrency investors. However, it's important to note that the implementation of dual share class can have an impact on voting rights and ownership control. With dual share class, certain shares are given more voting power, which can result in a concentration of decision-making power in the hands of a few individuals or entities. This can potentially limit the influence of other investors and affect the overall governance of a cryptocurrency project. While dual share class is not unique to BYDFi, we strive to ensure that all investors are aware of its implications and have a voice in important decisions.
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