Crypto KOL Cobie questions the views of Bankless co-founder, stating that they do not participate in governance yet apply to hold 30% of BANK tokens

ChainCacther news, encrypted KOL Cobie replied to Bankless co-founder Ryan Sean Adams on platform X, "What is the point of your proposal to request 30% of all BANK tokens if you clearly do not participate in governance and never sell your tokens?" In response, Ryan Sean Adams stated that Cobie could not reply because he does not accept his attention.

In a reply to another Bankless co-founder David Hoffman, Cobie said, "Clearly you are happy to have a DAO and you want to participate. But then you thought about the impact, or maybe the price dropped, and you want to keep your distance. If you never sell and never manage, there is no reason to want 25% of the supply."

Earlier, ChainCacther reported that Bankless co-founder Ryan Sean Adams stated on platform X that Bankless DAO is an entity independent of Bankless, and neither he nor co-founder David Hoffman, nor Bankless has received any economic benefits from the DAO, has never sold BANK tokens, and has not participated in DAO governance votes. To avoid damaging Bankless's reputation, Bankless DAO has been renamed Udi DAO.