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.
Every Zipp story tagged #DAOGovernance, newest first.
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.
Excluding the deciding 8.486M OP vote from Test in Prod, the proposal would have failed at 46.47%; the late surge exposes how concentrated Optimism's delegate map still is.
Johnson's veto over a 3-of-7 quorum rule sets up a competing slate, but the bigger signal is governance concentration: one wallet just swung an 80% decision on a top Ethereum identity protocol.