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Token holder rights are becoming a hot topic again in DeFi circles.
Recent discussions around AAVE, UNI, and AXL have surfaced some deeper structural challenges within decentralized finance. These conversations are revealing fundamental questions about governance, control, and decision-making power in DeFi protocols.
What makes this particularly interesting? These structural debates are likely to intersect with the upcoming U.S. market-structure regulations. As policymakers tighten their focus on crypto, the way DeFi protocols handle token holder rights could become a crucial point of contention.