While its not clear to me how many Serum have been issued, lets assume 1bn.
Lets also assume that 80% of those are locked up and offchain in a place like FTX
The rest of SRM circulating will be exchange wallets, and Srm user wallets, market makers and defi degens.
My point is this: with voting now going live I dont think the people with inventory onchain to vote are necessarily going to represent all SRM holders wishes, turning this into a little dao theatre but my main point is, we will get a series of proposals put forward by the people with the inventory to push these proposals through.
Does anyone have any thoughts on this