PANews reported on September 18th that the DeFi lending protocol Compound community rejected a proposal to recover $13 million in tokens with nearly 70% of votes against. These tokens were distributed to DAO representatives in August 2024 through the "Delegate Race" program, which aims to increase governance participation. The proponents accused the distribution plan of misusing treasury funds and solely benefiting insiders. The whale "Humpy" pledged $3 million worth of COMP tokens to support the recovery. However, representatives of the beneficiaries, including PGov and Arana Digital, jointly vetoed the proposal. An anonymous representative revealed that the current distribution plan effectively prevents whales like "Humpy" from exercising "DAO control"—manipulating voting results by accumulating governance power.PANews reported on September 18th that the DeFi lending protocol Compound community rejected a proposal to recover $13 million in tokens with nearly 70% of votes against. These tokens were distributed to DAO representatives in August 2024 through the "Delegate Race" program, which aims to increase governance participation. The proponents accused the distribution plan of misusing treasury funds and solely benefiting insiders. The whale "Humpy" pledged $3 million worth of COMP tokens to support the recovery. However, representatives of the beneficiaries, including PGov and Arana Digital, jointly vetoed the proposal. An anonymous representative revealed that the current distribution plan effectively prevents whales like "Humpy" from exercising "DAO control"—manipulating voting results by accumulating governance power.
Compound DAO rejects proposal to recover $13 million in tokens from Special Representative
PANews reported on September 18th that the DeFi lending protocol Compound community rejected a proposal to recover $13 million in tokens with nearly 70% of votes against. These tokens were distributed to DAO representatives in August 2024 through the "Delegate Race" program, which aims to increase governance participation.
The proponents accused the distribution plan of misusing treasury funds and solely benefiting insiders. The whale "Humpy" pledged $3 million worth of COMP tokens to support the recovery. However, representatives of the beneficiaries, including PGov and Arana Digital, jointly vetoed the proposal. An anonymous representative revealed that the current distribution plan effectively prevents whales like "Humpy" from exercising "DAO control"—manipulating voting results by accumulating governance power.
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Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.
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