- Yes ! Absolutely
Currently, A Very Big amount of $1INCH is used for yield farming on 1inch , which is the biggest yield farming opportunity utilizing $1INCH today. $1INCH tokens locked up in $1INCH pools cannot be used for voting on snapshot proposals. This creates a tradeoff for $1INCH holders:
You can earn yields OR you can vote.
As snapshot is a balancer spinoff and BAL tokens are used in balancer pools as well, snapshot implemented a solution to allow voting with BAL tokens locked in pools. $1INCH Can implement a similar feature like that . If this proposal is implemented there won’t be any trade-off anymore and participation in snapshot polls could be increased. There should be no downside to this proposal.