1.6 Origin of LynkCoDAO
In the long history of blockchain, DeFi has ignited the yearning of countless people for a financial utopia with the sacred oath of "code is law" - there is no arrogance of banks, no privilege of capital, only fairness and freedom of code weaving. But when the giant whale distributes monopoly governance rights with tokens, when the project side quietly retains the withdrawal authority of the liquidity pool, and when "decentralization" is reduced to the talk of harvesting retail investors, this carnival eventually becomes a bubble on the ruins of trust. At this moment, a group of developers, community members and idealists from all over the world issued a common cry in the late-night online conference room: "We are fed up with games controlled by capital, and fed up with empty promises of'decentralization '!" Among them are retail investors who have lost their money because the project party ran away, developers who have witnessed the giant whale use governance rights to crush community proposals, and evangelists who have been deeply involved in blockchain for many years but have never found a "truly fair" platform. What they have in common is that they firmly believe that the ultimate meaning of blockchain is not to "make a few people make money faster", but to use code to build a set of "immutable fair rules" for human beings. The story of LynkCoDAO began to be written from this consensus of "rebellion against the old order".
Last updated