Ensure "Token" covers all relevant projects #13
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To allow DeFi projects to function under this safe harbour, it's necessary to redefine the restriction on Token financial interests. Specifically, we need to be sure that a DAO-type organization can function, where decentralized users pool effort and/or capital. Limiting the restriction to centralized companies, partnerships, and funds is the cleanest change that would allow this. The restriction would still prevent a token being ownership of a hedge fund, but would now allow use cases such as Ethereum's Proof of Stake.
paulbarclay
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To allow DeFi projects to function under this safe harbour, it's necessary to redefine the restriction on Token financial interests. Specifically, we need to be sure that a DAO-type organization can function, where decentralized users pool effort and/or capital. Limiting the restriction to centralized companies, partnerships, and funds is the cleanest change that would allow this. The restriction would still prevent a token being ownership of a hedge fund, but would now allow use cases such as Ethereum's Proof of Stake.