NWV specifically to protect the MINORITY INTEREST from major players who hold greater economic power to potentially perform a hostile takeover.
Stride is adding a module to allow stATOM holders to vote - STRD stakers don’t get to vote on behalf of stATOM minters.
More importantly, liquid staking isn’t going anywhere, even if this proposal fails. Making Stride an ICS chain makes Stride more accountable to the Hub, by leveraging the Hub’s valset. Doesn’t this accountability to the Hub make liquid staking safer? I don’t see how a NWV protects minority interests.
A recent proposal introduced the idea of capping LSTs globally to 25% of stake ([Signaling Proposal][Draft]Add Liquid Staking Module to the Cosmos Hub - #38 by zaki_iqlusion)