What Role Do Governance Minimality and Immutable Smart Contracts Play in Limiting the Impact of Centralized Token Holdings?

Governance minimality means the protocol's core functions are immutable and cannot be changed by governance votes, even with a concentrated token holding. Immutable smart contracts, once deployed, cannot be upgraded or altered.

This limits the scope of a malicious or centralized vote to only peripheral protocol settings, ensuring the core economic logic and security remain protected from governance abuse.