Compound Faces Questions Over 344,780 COMP Reserve Vote
The 344,780 COMP transfer arrived 58 minutes before a snapshot and shifted supporters from a potential minority to 50.1% of available voting power.
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The 344,780 COMP transfer arrived 58 minutes before a snapshot and shifted supporters from a potential minority to 50.1% of available voting power.
Research across 48 large Ethereum DAOs found that registration, staking, and delegation can narrow the practical electorate while leaving protocols exposed to legally valid governance attacks.
The hires read like an institutional underwriting bench and the budget is the largest Compound's DAO has ever approved, but Aave at 11x the TVL is the real benchmark this strategy has to clear.
The 10-month-old bag — bought before the cycle peak, held through the drawdown, and finally handed to Binance — is the kind of forced selling that turns into a sentiment data point for every DeFi…