Proposal 289 for Compound nearly transferred 499,000 COMP (approximately $24 million) to a yield vault; the proposal passed in July 2024 due to a last-minute surge in voting, after which the protocol… Governance vulnerabilities in leading lending protocols could undermine market confidence in DAO-governed DeFi, potentially increasing the risk premium for governance tokens like COMP and prompting users to shift toward protocols with clearer protective mechanisms.
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