I think the idea that the wealthy can afford to lock $mnde long-term is silly.
- Because if people can’t afford to think long-term, then they shouldn’t be voting in the first place. 2) Poor people don’t have to lock-up all thier tokens; for example, they could lock-up a quarter of thier tokens for 5 years (max lock-up period).
Also, short lock-up times incentivizes mercenary capital, because you can come in to vote and then quickly get out. If you want smaller groups to hold more power than you should propose something that gives extra voting power to smaller wallets.