@
0 reply
0 recast
0 reaction

olaf pfp
olaf
@olaf
no i don’t think it’s possible to stop. the only way this is stopped in corporations is minority shareholder protections and mgmt legal fiduciary duties i think this is a pretty big design flaw in many daos, i’m surprised i don’t see it talked about more, but the exploit hasn’t actually happened much in the
1 reply
0 recast
0 reaction

noun51 pfp
noun51
@noun51
in the OG Nouns DAO the founders have a veto right to mitigate attacks of that sort. It is supposed to be revoked as the DAO matures. Not sure whether the Purple DAO implements the same veto mechanism.
1 reply
0 recast
0 reaction