Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Tally Protocol CEO: Golden Boys’ move on CompoundDAO is not a governance attack
2024-08-01 14:29
Odaily News Dennison Bertram, CEO of Tally Protocol, said that the recent decision by a group of governance token holders to create a yield product on the Compound lending protocol was not a "governance attack." Dennison Bertram explained: "Just because other COMP token holders reacted indifferently does not mean that the proposal of Humpy and Golden Boys is an attack; the smart contract was not exploited and the actions taken were in accordance with the rules of the DAO that runs the protocol; this shows that the democratic process for governing the DAO is not perfect and needs to be improved." (Coindesk)