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https://warpcast.com/~/channel/daos
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LilPing
@pingfeng
LobbyFi reminds me of Nouns Federation. When token holders aren't active, lots of voting power sits unused, which becomes a resource ripe for exploitation. Idle vote owners have financial reasons to rent out their votes. This lets opportunists grab voting control cheaply for governance attacks. These low-cost power grabs need studying so DAOs can protect themselves from these risks.
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LilPing
@pingfeng
DAO Voting Vulnerabilities https://mixbytes.io/blog/dao-voting-vulnerabilities
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LilPing
@pingfeng
vote-buying-as-a-service https://www.cryptofrens.info/p/vote-buying-as-a-service-lobbyfi
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LilPing
@pingfeng
@quaestor what do you think? Do you know any low-cost power grabs things onchain?
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denys
@denys
we would never allow for a governance attack through LobbyFi. a report shall be published by DefiLlama next week, perhaps it would be of your interest to look into it.
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