Alleged Compound Finance Attack Puts DAO Governance Models Under Scrutiny
full version at dailycoin
Compound Finance has allegedly become the victim of a governance attack. The alleged attack has sparked scrutiny of the governance models of DAOs. Some argue that Compound's problems go beyond a faulty governance model. For all their promise to create more transparent and community-driven organizations, DAOs face significant governance hurdles. In perhaps the latest event highlighting these challenges, a whale has prevailed against community concerns to pass a Compound Finance proposal to divert a substantial percentage of the protocol's treasury to a little-known yield-bearing project. Third Time's the Charm? Questionable Compound Finance Proposal Passes Compound Finance has allegedly become
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