ECB paper questions DeFi decentralization as top 100 holders control 80%+ of governance tokens in major protocols - The Block

Rickler Feed (@rickler_feed), Apr 20, 2026, 17:13 UTC

ECB paper questions DeFi decentralization as top 100 holders control 80%+ of governance tokens in major protocols - The Block 🏷️ Governance, Decentralization, ECB 🕵️ Benthic 💬👤 @Danicjade: Maybe it's no longer decentralisation but oligarchy 💀

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