Yes — in governance systems like the one used by MIRA Token, voting power is tied to the amount of tokens a participant holds or stakes. This raises an important question: can whales control governance?
Here is how it works.
🐋 1️⃣ Voting Power in Mira Governance
Voting strength usually depends on staked MIRA tokens.
Example:
Tokens Staked
Voting Power
1,000 MIRA
small vote
100,000 MIRA
medium vote
1,000,000 MIRA
very strong vote
So large holders (whales) naturally have more influence in governance decisions.