Ethereum co-founder Vitalik Buterin is urging the Zcash community to avoid adopting token-based voting for governance. In a November 30 post on X, he said token voting would push the system toward short-term price incentives at the expense of the long-term civil liberties the project aims to protect. Buterin Flags Governance Risks to Privacy Buterin linked his position to arguments he outlined in a 2021 essay on decentralized governance, noting that token-weighted systems carry vulnerabilities such as unbundled rights that make covert vote buying possible. He added that these mechanisms tend to concentrate influence among whales while leaving smaller holders with little accountability
source: https://beincrypto.com/vitalik-buterin-zcash-token-voting-warning/