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Crypto DeFi

Astroport Ends Tokenholder Governance on Neutron and Terra

Astroport has ended tokenholder governance on Neutron and Terra, moving protocol control to contributors who will run it through DAO DAO organizations. vxASTRO holders retain the normal unlock process, and ASTRO emissions are set to zero. The change shifts decision-making away from the ASTRO tokenholder vote.

Original source

AI take

This is a governance retreat dressed as operational efficiency: Astroport is effectively admitting that tokenholder votes were not producing workable decisions, and that a smaller contributor set is preferable. For vxASTRO holders, the unlock process remains, but the token's governance utility on those chains is now largely ceremonial, which matters for how ASTRO is valued as a coordination asset rather than a claim. The open question is whether the DAO DAO structure proves more accountable in practice, or simply less visible.

Generated by AI for reference only.

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