Odaily Planet Daily reports that, according to Defimon monitoring, suspicious Proposal 54 has emerged in the Ampleforth governance system, Governor Bravo, involving approximately $2.5 million in treasury funds. The incident has been classified as an access control risk and a malicious governance proposal; the related funds have not yet been transferred. The Ampleforth time-lock contract currently holds about 2.538 million USDC, meaning this proposal targets nearly all treasury assets. The proposer disclosed that they authored the proposal themselves and plan to vote using a delegated address holding 87,238 FORTH—approximately 0.57% of the supply—slightly exceeding the 75,000 FORTH proposal threshold. The quorum for the proposal is 600,000 FORTH, which, at the current FORTH price of $0.22, is worth approximately $132,000.
Ampleforth's $2.5M Treasury at Risk Due to Malicious Governance Proposal
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Summary
A suspicious governance proposal (54) has appeared on Ampleforth's Governor Bravo system, targeting nearly $2.5 million in treasury assets. The proposal is flagged as an access control risk and a potential exploitation of decentralized governance. The Ampleforth time-locked contract holds 253.8k USDC, with the proposer planning to vote using a delegated address holding 87,238 governance tokens (FORTH). The required quorum is 600,000 FORTH, worth approximately $132,000 at current prices. Funds have not yet been moved.
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