Polkadot vote 1954 stands at 73 percent against: what is behind the DOT DAO mandate

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Referendum 1954 would require the DOT DAO to put user acquisition ahead of every other metric. After three hours, 73.2 percent are against, support stands at 0.00 percent, and for holders the ability to take part hangs on one question: where are the keys?Since the afternoon of October 13, a proposal has been up for a vote on Polkadot's governance platform that would set a new course for the network's most important body. Referendum 1954 is titled "[Wish For Change] DOT DAO Strategy Mandate", and after a good three hours 26.8 percent of weighted votes were in favour and 73.2 percent against. In absolute terms that is 19,370 weighted DOT against 53,030. The approval rate is the clearest rejection any strategy proposal has drawn in its opening hours this year. The proposal comes from PCF, the Polkadot Community Foundation, and it is expressly not a technical specification. "It constitutes a strategic mandate, not a technical specification", the text states. What it demands is a ran...