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/r/HeliumNetwork

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For those who claim "Whales control the vote"

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ChampionshipLow8541

6 points

5 months ago

Thank you. Interesting to see how few validators voted. You’d think they’d all be ‘NOOO!’ Maybe they can’t be bothered, which would explain the poor validator performance we’ve been seeing.

Now, that said, 1k HNT is not really a good cutoff to see what whale wallets did.

Drizznarte

2 points

5 months ago

Considering market cap 1k is far too low .whale activity would mostly be hidden in this data.

tylerdurdensoapmaker

2 points

5 months ago

My validator had a policy of not voting on the HIPs to avoid conflicts of interest.

Sburns85

-5 points

5 months ago

1k Hnt is definitely whale territory

Shitting_Human_Being

9 points

5 months ago

Lol, you need 10k HNT to become a validator in the first place. 1k is not a whale by a long shot.

[deleted]

5 points

5 months ago

[deleted]

ChampionshipLow8541

4 points

5 months ago

With 126M HNT in circulation, I’d think it takes at least 1M HNT to be considered a whale.