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Cryptopolitan 2024-07-29 10:12:40

Compound Finance passes controversial $24 million proposal amid governance attack fears

Compound Finance’s decentralized autonomous organization (DAO) has passed a proposal to allocate 499,000 COMP tokens worth around $24 million to goldCOMP DeFi vault 1, a yield-bearing protocol created by Golden Boyz. The drama surrounding the proposal’s passage has sparked concerns about a potential governance attack on the lending protocol. Efforts to pass the proposal started

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