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Vlad
@vadutin
Compound Token Drops by 6.7% Amidst Possible Attack** The Compound DAO community, which governs the eponymous decentralized lender, has voted (https://incrypted.com/compound-upal-v-tsene-na-6-7-na-fone-predpolagaemoj-ataky-na-upravlenye/) to allocate $24 million to the goldCOMP protocol, which offers passive income to Compound (COMP) token holders. Some users believe that the voting initiators are conducting a governance attack. In such cases, malicious actors can manipulate DeFi projects by influencing major token holders, leading to biased voting on proposals. The idea of allocating assets to goldCOMP has been pushed several times by a group of major COMP holders known as the Golden Boys. One of their representatives controls the mentioned protocol, as noted by the community. The price of the Compound token has dropped by 6.7% in response to the news. For more details, visit our website (https://incrypted.com/compound-upal-v-tsene-na-6-7-na-fone-predpolagaemoj-ataky-na-upravlenye/).
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Bryancolligan
@bryancolligan
Prop 289 cancelled. Compound will be stronger because of this.
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