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Maple Leaf Capital @MapleLeafCap
, 11 tweets, 3 min read Read on Twitter
Recently, an internal excel document from Huobi (one of the BPs) is circulating in the Chinese community. This file documents the collusion, mutual voting, and pay-offs that occur amongst the Chinese BP community. I’ m working on getting the file.
You can find the coverage article here: mp.weixin.qq.com/s/xOUK8CwLCU4e…
The 2 allegations by the article are (a) Huobi and many other BPs mutually vote for each other to cement their BP position, and (b) Huobi openly votes for a few bp candidates in exchange for EOS returns.
In allegation 1, Huobi votes for 20 other BPs candidates where 16 of those vote for Huobi as well. As you can see in the image attached to this tweet.
In allegation 2, Huobi votes for eosiosg11111, cochainworld, and eospaceioeos in exchange for 170, 150, and 50% of the returns respectively, as shown below in the tweet.
As an EOS token holder myself, I view such action with utter disgust, and there is a reason why our Mapleleafcap proxy only votes for a very selective group of Chinese BPs.
…with an additional point, currently at least 12 of the top 21 BPs are effectively controlled by China. This in my opinion could increasingly compromise the integrity of the network.
I personally believe such matters need to be solved via increased community awareness, better infrastructure to allow for higher voter participant, and potential punishing mechanism (which may be difficult). It’s growing pains, but it needs to be dealt with.
While you are at Blockchain live showcasing what’s possible, I strongly urge a sense of urgency in solving this issue via expedient infrastructure build-out, as it blatantly flies in the face of the very thesis B1 builds EOS upon. @BrendanBlumer @bytemaster7 @EOS_io @TBCox
Credit to where it's due @eosonebp
And for a follow-up, Huobi is now pushing their HPT token -- which if I'm not mistaken is blatantly sharing the EOS block rewards with HPT holders in exchange for EOS lock-up. See my break-down here:
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