Explain the Concept of ‘Protocol Sink’ and Its Relation to Governance Minimality

A protocol sink is a mechanism that permanently removes assets, usually the native token, from the circulating supply. This could be through a permanent burn address or a non-spendable treasury.

In relation to governance minimality, an immutable sink ensures that a centralized governance body cannot vote to retrieve and spend these sunk assets, guaranteeing the deflationary or value-accrual effect is permanent.