BarnBridge Smart Yield Old Governance Proposal Faces Token Approval Risk, Proposal 15 Expected to Be Executed on July 16
2026-07-15 01:14
Odaily Planet Daily News: BarnBridge Smart Yield's old governance proposals 14 and 15 carry a token approval risk. If maliciously executed or upgraded, they may jeopardize existing token approvals. Currently, no funds have been confirmed stolen. Users should promptly check and revoke related approvals on Ethereum. Proposal 14 is in an executable grace period, while Proposal 15 is queued, with on-chain execution expected at 09:23:58 UTC on July 16. Affected tokens include USDC, DAI, USDT, GUSD, and RAI. Users should use trusted approval management tools, avoid clicking links in replies or accounts claiming to be "support," and never send funds or sign transfers to any address. Only revoke approvals through trusted tools.
