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RE: Extracting Value | The Growing Threat of Exchange Voting to DPOS Governance | The Case of EOS

in LeoFinance6 years ago

It is a process similar to steemit powerup.
You then "give up" part of your assets to the exchange. In return, they promise to pay you annual interest.
Meanwhile the exchange can use "your assets" deposited, to upvote accounts and achieve supremacy in some DPoS-based blockchain.

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Okay thanks now I understand.